big inverted head and shoulders pattern for ethereum

hey guys,

if you completely zoom out with etbtc chart you can see we are in an very bullish pattern, a inverted head and shoulders that could bring eth easily to the 0.15 btc level in my opinion. the phase of the last couple months, what would indicate the right shoulder" is als an ascending triangle. this pattern is most often an continuation. because of btc is an uptrend and the last phase of the bullrun. the most fun is yet to come. this means that it could lift of ethereum as well. so it we are at the neckline.

if btc touches the 100k. this would mean ethereum could be between 12k and 15k this bullrun.

Chart PatternsHarmonic PatternsTrend Analysis

Also on:

Related publications

Disclaimer