ETH inverted head and shoulder
ETH is braking out!!!
on the 2 hour time chart we see a inverted head and shoulder patern forming,
the down was 11%, so according to the head and shoulder patern, after the right shoulder, we go 11% back up again.
This looks like to be enought to brake the level 1,0 fib.
If he breaks, the next goal is 2100. I think that is realistic.
In my opinion this is a good entry, but you also can wait until he brakes, what should be in the next 1/2 days.
no advice, just my opinion.
Tim
on the 2 hour time chart we see a inverted head and shoulder patern forming,
the down was 11%, so according to the head and shoulder patern, after the right shoulder, we go 11% back up again.
This looks like to be enought to brake the level 1,0 fib.
If he breaks, the next goal is 2100. I think that is realistic.
In my opinion this is a good entry, but you also can wait until he brakes, what should be in the next 1/2 days.
no advice, just my opinion.
Tim
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