Ethereum shows a short term inverted Head & Shoulders pattern on the 1D Chart. If this proves to be true, the short term price would hit $3500 - $3800 (peak just before dip creating this pattern). We could also see a longer term trend testing the all time high of Ethereum in the near future. Could we see a 5k ETH price this Spring/Summer?
If ETH breaks out and closes above 2950 at the next pivot point. ETH is possibly headed to the 0.786 on the fib which is 5k. Lets see how this plays out. Dont forget its NFP week. We could see a reverse as well. #BLESSEDPIPS
Bullish inverse head & shoulders formed on 15m chart. ETHUSD looks ready to break above $4,000. "Previous resistance becomes support"