ETHUSD - Head & Shoulders 20/10/21

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.