ETHUSD - Head & Shoulders 20/10/21

Simple head & shoulders setup.

Technicals

• Aggregated volume across exchanges increased inside the handle.
  
• RSI trending strongly in the bullish control zone.
  
• BBWP is low, with the moving average slowly trending down. An increase in volatility will be primarily shown by the MA gaining a positive slope.
  

Measured price target for a perfect breakout is 35.47% ($5417.21).

This is not financial advice and always DYOR.

Yorum:

CORRECTION: I meant cup & handle, not head & shoulders. woops.