ETH is Forming Double Bottom with Double Inverted H&S

Ethereum is forming another inverted H&S at hourly time frame which eventually form a double bottom. If this pattern has been confirmed, we may expect a bull-run. This pattern is invalidated if the price drops again below 2800. The market is still uncertain, please trade wisely.

Kommentar:

This pattern is losing momentum as it reached the neckline. I has been going side way which eventually made lower low and broke 2800 level, thus invalidating this setup.