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OrderBlockMafioso

HNS and rejection from the bear market resistance band.

Short
Ethereum / TetherUS (BINANCE:ETHUSDT)  
OrderBlockMafioso Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
Chart Patterns Technical Indicators
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chartpattern indicator
As we can see ETH has formed a large HNS pattern on the daily time frame with a target of approximately 1112. The head of the HNS pattern was where price got rejected from the bear market resistance band which is a strong sell signal. Also as we can see the price retested and got rejected from the diagonal neckline where the price initially broke down from.
Comment:
this will play out only if btc dumps. i currently think btc found a decent bottom at 19.5
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