I am long on Eth. Price is forming a bullish continuation pattern. on the daily chart.(unlike BTC/USD that has fallen through support)
' Price has had a strong recovery after finding support at previous lows.
100 Fibonacci retracement has been respected.
4H: Price is forming an inverse Head and shoulders, Price has made a higher high after breaking previous LHs.
Looking for price to come to my shoulder 1 region and find support here to make completed the inverse
head and shoulders reversal pattern and i expect the bullish momentum to continue.
At this shoulder 1 region, there is also an Institutional candle, increasing the probability of a winning trade.
Enjoy :)
' Price has had a strong recovery after finding support at previous lows.
100 Fibonacci retracement has been respected.
4H: Price is forming an inverse Head and shoulders, Price has made a higher high after breaking previous LHs.
Looking for price to come to my shoulder 1 region and find support here to make completed the inverse
head and shoulders reversal pattern and i expect the bullish momentum to continue.
At this shoulder 1 region, there is also an Institutional candle, increasing the probability of a winning trade.
Enjoy :)