The chart says everything. We are seeing Inverted Head and Shoulders pattern forming not just in ethereum chart but also in several others cryptocurrencys charts inclusive in the Total market cap chart (all cryptocurrency marketcap). So i think there is a big probability of going up in the next days in a form of a relief rally since we had too many weeks in downturn and with extreme fear in the markets.
Given the market conditions at the moment on the markets i will just take this trade if the price break the neck line of the Head and shoulder (Blue top line of the channel).
Given the market conditions at the moment on the markets i will just take this trade if the price break the neck line of the Head and shoulder (Blue top line of the channel).