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Ethereum
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ETH- Double Top at Supply Level- Update

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Mixed emotions on ETH here- Double top formed on the daily timeframe right at an RSI-Based supply level as well as a bearish ABCD Harmonic pattern formed on the 2 and 4-hour timeframes (2-hour Chart Below). RSI overbought on every timeframe besides the daily timeframe, which is nearing overbought territory as well. However, does seem to be forming a larger ascending triangle, likely will see a bit of a pullback and some consolidation before another push to new highs. Bearish short-term, very bullish long-term- Just some FIB levels and RSI-based supply and demand zones to keep an eye on **See Previous Charts Below**

2-Hour
https://tradingview.sweetlogin.com/i/zjmEhyHk/

Previous Charts
https://tradingview.sweetlogin.com/i/JlQlI5oY
https://tradingview.sweetlogin.com/i/qYWrP3SO
https://tradingview.sweetlogin.com/i/vCwTO77E
https://tradingview.sweetlogin.com/i/LYhf3bmx/
jacobosiason7
Also on:
AB=CDascending_triangleBullish PatternsChart PatternsDouble Topfibharmonic_patternTechnical Indicatorslong-termoverboughtsupply_and_demandTrend Analysis

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.
AB=CDascending_triangleBullish PatternsChart PatternsDouble Topfibharmonic_patternTechnical Indicatorslong-termoverboughtsupply_and_demandTrend Analysis
jacobosiason7
Also on:

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.