As you can see from the title I do not expect ETH to push much higher. I expect a strong pullback around this area.
Coming off a Bearish Rising Wedge, then forming a H&S Pattern. The RSI shows a clear loss in momentum.
This is a high probability outcome.
Beyond target 3 is anybody's guess. You don't want to see it go that low unless a bullish engulfing follows.
Coming off a Bearish Rising Wedge, then forming a H&S Pattern. The RSI shows a clear loss in momentum.
This is a high probability outcome.
Beyond target 3 is anybody's guess. You don't want to see it go that low unless a bullish engulfing follows.
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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.