ETH Short Term Conflicted
I could be drawing these totally wrong, but I'm struggling with what appears 4 patterns that point in both directions.
On one hand, there appears to be 1) an almost completed inverse head and shoulders pattern or cup and handle pattern (in brown) with a target of $475 inside 2) a larger bearish flag (in black) with a target of $295 with 3) a smaller bullish pennant (in blue) targeting $455, all inside a 4) bearish wedge (in orange) targeting $310.
Thoughts?
On one hand, there appears to be 1) an almost completed inverse head and shoulders pattern or cup and handle pattern (in brown) with a target of $475 inside 2) a larger bearish flag (in black) with a target of $295 with 3) a smaller bullish pennant (in blue) targeting $455, all inside a 4) bearish wedge (in orange) targeting $310.
Thoughts?
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