ANALYSIS ETH/USD
Updated
The same Harmonic movements are seeing in the 4h chart of Ethereum.
Following the BTC trend , it could reach the completion point @ 1.618 extension between $ 2000-1900 price action forming the bullish Harmonic Bat pattern ,
anchored to the RSI movements towards the oversold area .
Reversal and pull-back to the $ 2300-2400 price area.
Following the BTC trend , it could reach the completion point @ 1.618 extension between $ 2000-1900 price action forming the bullish Harmonic Bat pattern ,
anchored to the RSI movements towards the oversold area .
Reversal and pull-back to the $ 2300-2400 price area.
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Sorry , by mistake i mentioned a Bullish Harmonic Bat....ops.....it will be a Bullish Harmonic Butterfly pattern
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Butterfly pattern didn't reach the completion pointNow monitoring price action @ $ 2580-2600 where we got the D point of a Bearish Bat
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