MarcoOlevano

#ETH Ethereum busy building a massive reverse H and S bottom?

Long
FTX:ETHPERP   Ethereum Perpetual Futures
Keep an eye on Ethereum. We seem to be building a reverse head & shoulders formation on the 4H timeframe which is generally a bullish reversal pattern.

A convincing close above $2908 on the FTX-ETHPERP 4hr chart should then be confirmation that this pattern is in play, with a potential to retest $4100.


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