CoinGape
2022-02-16 17:44:54

ETH Price Analysis: Inverted H & S Pattern Signals Bullish Reversal; Is Correction Over?

The Ethereum (ETH) price recovery rally turned down from the $3300 psychological level. However, the buyers maintained stiff support at the $2800 mark, indicating the traders are accumulating at this dip. The ETH/USD price chart also shows an inverted head and shoulder pattern, offering a bullish opportunity for traders. Key technical points: The daily-MACD indicator The post ETH Price Analysis: Inverted H & S Pattern Signals Bullish Reversal; Is Correction Over? appeared first on CoinGape.

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