Bloobik

ETHUSD Possible Head and Shoulders

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BINANCE:ETHUSD   以太坊
Etherium has recently been losing steam and underperforming competitors like BNB. With the recent volatility and bad news with USA capital tax increase we could see more downside.

Possible Head and shoulder reversal forming on the 4H chart, also coupled with negative MACD and RSI / price divergence at key level.

Red lines = weekly
Blue lines = daily
White lines = hourly
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