Eth Just broke out of the falling wedge pattern and is forming a reverse head and shoulders pattern, looking for the next level of 2694, which perfectly coincides with the 4hr Value area high, also would be sweeping most of the short liquidity from the fall down from 2747.00. We perfectly bounced off the low time frame Golden Pocket Fibonacci level .618-.66. I say we go up from here, while BTC will trade a little sideways, this is where the ETH and BTC price correlation decouples and ETH shoot up while bitcoin either trades sideways or has small gains since alot of money is shuffling into altcoins and ETH now that Alt season has begun.
Trade active
Small H&S turned into a Larger H&S after one final small drop and we are breaking out!!!!! 
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.
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.