Someone asked for this ethereum:0xfdffb411c4a70aa7c95d5c981a6fb4da867e1111 chart earlier, but I can’t find the comment anymore.


Price has formed a clear inverse Head & Shoulders pattern on the daily timeframe, broke above the resistance zone, and successfully completed the pattern.
However, the daily Stoch RSI has now crossed bearish, and the RSI is pulling back after hitting the overbought zone at 85. A potential bearish divergence is also forming on both the 12H and 1D timeframes.
I believe there is a possibility that price will retrace to retest the breakout zone between $0.03 – $0.031 before continuing the next leg up.
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