Ethereum inverse head and shoulders ETHBTC

Updated
ETHBTC has formed a possible inverse H&S on the 2D timeframe, this is within a larger macro wedge.
Expect a breakout BTC once the neckline is broken.
Bullish on ETH
Note
Still in play. If you change to the 4H timeframe, double bottoms formed on the left and right shoulders whilst the head had a triple bottom
Note
Pump played out after breaking the neckline of the inverse H&S. Now we've had a retest and bounce off the neckline

Expect more up for ETH and if it breaks out of the larger triangle formation... then big ups
Note
Neckline breakout retested and never broke during this whole correction.

Bullish AF on ETH
Note
Breakout
Note
Macro wedge wicked and retested

Number go up
Note
Bounced and wick-ed off previous high back in May

NGU
Bitcoin (Cryptocurrency)BTCChart PatternsETHETHBTCEthereum (Cryptocurrency)ETHUSDHarmonic PatternsTrend Analysis

Also on:

Disclaimer