BNBETH possible head and shoulders pattern
BNBETH forming a possible head and shoulders pattern visible on the 1 & 4hr charts. A bearish divergence is also visible as the "head" in the pattern is with a lower RSI than the left shoulder. If ETH continues the bull rally this pattern will most likely materialize and we could see a retracement to the previous strong support level.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.