I did another ETH idea due to yesterday's pump.
You can see that after the first push (1. pink circle), eth dropped bellow the strong support and then proceeded in the strong uptrend to the 196 USD.
Now take a look at the second push (2. pink circle), I see a similarity in these two tops. Although the second top is higher than the first one, could we call this the "textbook" DOUBLE TOP? and the purple line is the neckline? who knows..
However, you know what happens after the double top chart pattern right? I think eth will drop and re-test its support at 176 USD, and bounce over 200 USD.
You can see that after the first push (1. pink circle), eth dropped bellow the strong support and then proceeded in the strong uptrend to the 196 USD.
Now take a look at the second push (2. pink circle), I see a similarity in these two tops. Although the second top is higher than the first one, could we call this the "textbook" DOUBLE TOP? and the purple line is the neckline? who knows..
However, you know what happens after the double top chart pattern right? I think eth will drop and re-test its support at 176 USD, and bounce over 200 USD.