W PATTERN : ETHE

13 Agu 2020

I am seeing this pattern of W(double bottom) in the underlying asset, I drew the green line, when the pattern appears changes the trend, the uptrend will continue if it goes up above de .50 Fibonacci, with a small retreat to regulate the rising, and then continue the trend . Besides, its stochastic and RSI are at oversold levels and it is also at its fibo pivot at .7860, it is my point of view, good luck!!! See ya at the top.
OTC:ETHE