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Ethereum / Bitcoin
Short

Possible H&S on the daily

170
Title says it. Its a possible formation. Wait for confirmation for a close below the neckline. Bollinger bands and volume lend some validity to the idea, but still need to wait for confirmation. Target will be about .055-.06, which happens to be around where the 200 EMA should be. Havent been watching the ETH market since I dumped, so apologies if this idea is widespread.
SpocksBrain
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SpocksBrain
If you found my analysis useful or profited from my idea and would like to show gratitude, feel free to leave a tip at:
BTC - 1PkZqsKq58Ha7Qj9qJwkDJSqTQSmn7rpir
LTC - LciSrN6xLBM64GbccP4gkPcn2wD5HV6zLW
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.