Ethereum (ETH)

Hey Folks! Here is my trend analysis on Ethereum as of today. Looking at the four hour chart, we can see that Ethereum is forming a head and shoulders pattern. MACD is moving on a sideways pattern while Stoch RSI is consolidating down at the bottom. Historically speaking, head and shoulders pattern is often times followed by a downward trend. This clearly shows a good signal for other investors to buy ETH while its value is getting cheaper.

Remember, Warren Buffett once said that as an investor it is wise to be: “Fearful when others are greedy and greedy when others are fearful.” ...

Disclaimer: This analysis is for informational purposes only and is not a recommendation to buy or sell anything.
Chart PatternsTrend Analysis

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