You never know with BTC movements, but it looks like it reached it bottom
if this was also a case of H&S also here probably it reached enough break out of it. The volume starts to grow, so there is a possibility that it will start climbing with a trend line during accumulation
percentage wise it retraced more than ever and also sits on the strong level of previous accumulation/re accumulation zone.
- The Good scenario for eth it will trade in the 425-490 zone for accumulation and then start showing some signs of life and recovery
- The bad scenario it will retrace more to red trendline around 280 - 300 and do the same process there but in bigger trading range
if this was also a case of H&S also here probably it reached enough break out of it. The volume starts to grow, so there is a possibility that it will start climbing with a trend line during accumulation
percentage wise it retraced more than ever and also sits on the strong level of previous accumulation/re accumulation zone.
- The Good scenario for eth it will trade in the 425-490 zone for accumulation and then start showing some signs of life and recovery
- The bad scenario it will retrace more to red trendline around 280 - 300 and do the same process there but in bigger trading range