ETH has done massive movements but now we can see a Pattern that will Increase ETH Even more! as you can see ETH is forming a inverse Head and shoulder pattern! this bullish pattern is not completed yet But we see a Hidden Bearish Divergence (-HD) on MACD which says It is time for bearish Movement. we can see clearly that it is time for Bearish movement because the Right shoulder must be created! after the completion of this pattern, and after a break out happens, we can expect the Price to Increase as much as the length between the head and Neckline! if this Expected movement happens, we can see ETH at 4600$ which is a New All Time High!
Summery: -ETH is in a bullish pattern(Inverse head and shoulder) -The pattern is not completed yet,but (-HD) can help it out. -If expected movement happens, ETH can reach 4600$( a new ATH!)
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Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea . Have a nice day and Good luck
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