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Chartmaniac

HnS pattern in ETHUSD.

Long
Ethereum (BITSTAMP:ETHUSD)  
Chartmaniac  
BITSTAMP:ETHUSD   Ethereum
Trend Analysis Head and Shoulders priceaction
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trendanalysis headandshoulders priceaction
In the early post, I analyzed that both ETH and BITCOIN might take resistance after the long run-up. Now both the coins are breaking the Head and shoulder pattern in a small timeframe.
Seems like new buyers are activated and it might send it to the previous resistance trendline or can also break it. Be ready with your setups.
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