ETH briefly drops below 3500 reaching lows just shy of 3400.
Formation of an inverse head-and-shoulders provided recovery to 50EMA but failed to close out daily/weekly properly.
Additional correction can be assumed at this time with the new D1 goal at ~3580.
tradingview.com/chart/gDBkksfy/
Formation of an inverse head-and-shoulders provided recovery to 50EMA but failed to close out daily/weekly properly.
Additional correction can be assumed at this time with the new D1 goal at ~3580.
tradingview.com/chart/gDBkksfy/
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.