Ethereum Head+Shoulders Averted - ATH In Near Future?

As pointed out yesterday on my ETHUSD futures chart, a head and shoulders pattern was developing - which typically leads to bearish behavior. However, as shown, we have broken out of this pattern further leading me to believe that we can continue expecting bullish behavior along the support curve.

I look forward to an exciting couple of months for crypto.

Note

Additionally, as you can see, the MACD Curve continues to converge. A breakthrough of the short run moving average through the long run moving average looks more likely each hour.

Note

Orange Line:
Long Run Resistance Curve

Green Line:
Short Run Support Curve

Note

willgeorgejr

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