Jonwbeal
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0Joined Jan 8, 2018
btcusdt
chartpattern
cryptocurrency
ethusdt
indicator
trendanalysis
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Looks like ETHUSDT is forming an inverse head and shoulders on the daily time frame. I see a line of support in the the short term at 634, and if we see a sustained bounce, we could see lengthy bullish action to confirm the H&S pattern upward. Of course, it will rely on BTC to confirm as the correlation is still strong, but ETH can be a good signal, since it is...
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Looks like an hourly head and shoulders forming on the hourly on ETHUSDT. Possible to see it fall and test the last support level of 665 in the short term. Next support at 638.
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