Head and shoulders pattern on $eth broke today.

Now, it hasn’t confirmed yet.  Still want to see a close below the real body of the breakdown candle.

We’ll see what happens.  My crystal ball says a retest of the neckline and a dump.

If it breaks back above the neckline and confirms the pattern failure, we could see a wild move to the upside.  Failed patterns cause big moves.

If it can’t break back above the neckline and it confirms below, we’ll likely see a wild move to the downside.

Either way, volatility will likely explode in the coming days.
#eth