Using this channel indicator a clear comparison can be made between the two periods, forming a kind of a H&S pattern with the channel itself
The ending of the pattern includes a steep fall which we have just experienced on ETH
The reversal will be sharp if this is the bottom as it was in the first scenario

Above is the bull faith 1 analysis
The ending of the pattern includes a steep fall which we have just experienced on ETH
The reversal will be sharp if this is the bottom as it was in the first scenario

Above is the bull faith 1 analysis
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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.
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.