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jacobosiason7

ETH- Double Top at Supply Level- Update

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Ethereum (KRAKEN:ETHUSD)  
jacobosiason7  
KRAKEN:ETHUSD   Ethereum
Trend Analysis Chart Patterns Technical Indicators Double Top supply_and_demand fib overbought ascending_triangle AB=CD harmonic_pattern Bullish Patterns long-term
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trendanalysis chartpattern indicator doubletop supply_and_demand fib overbought ascending_triangle abcdpattern harmonic_pattern bullish long-term
Mixed emotions on ETH here- Double top formed on the daily timeframe right at an RSI-Based supply level as well as a bearish ABCD Harmonic pattern formed on the 2 and 4-hour timeframes (2-hour Chart Below). RSI overbought on every timeframe besides the daily timeframe, which is nearing overbought territory as well. However, does seem to be forming a larger ascending triangle, likely will see a bit of a pullback and some consolidation before another push to new highs. Bearish short-term, very bullish long-term- Just some FIB levels and RSI-based supply and demand zones to keep an eye on **See Previous Charts Below**

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Previous Charts
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