Log scale.
I see a H&S forming, bringing us perhaps down to the bottom of the purple target line, but somewhere within the green box, where some important long-term important trendlines lie.
Mid-term, I am still bullish on ETH, but today, I'm a bear.
Measure twice, cut once.
May all of life's treasures be yours.
I see a H&S forming, bringing us perhaps down to the bottom of the purple target line, but somewhere within the green box, where some important long-term important trendlines lie.
Mid-term, I am still bullish on ETH, but today, I'm a bear.
Measure twice, cut once.
May all of life's treasures be yours.
Note
Falling nicely from pattern; watch support lines.Note
In a very unfortunate turn of events, ETH just double topped at the one year trendline, confirming it as resistance. Very bad day for ether fans.
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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.