An idea from Crypto Watch. The original analysis is based on an M15 chart. This chart is M30 due to the availability of historical data.
ETH forms an H&S bottom, where the head is itself a W-bottom. The right shoulder is a channel. Two reasonable entry points are the test of the shoulder line and the re-test of trendline post breakout.
ETH forms an H&S bottom, where the head is itself a W-bottom. The right shoulder is a channel. Two reasonable entry points are the test of the shoulder line and the re-test of trendline post breakout.
Yorum:
The right shoulder is a flag