ETH Update

Updated
One hour chart:
The triangle converged and fell below, and the price rebounded after reaching the support range (1421.98~1429.08).
If the price steps back on the trend line:
entry:1471.26
take profit: 1406.76
stop loss: 1494.91
R/R: 2.76
-
Daily chart:
H&S top pattern, and the price fell below the neckline (1523.54)
Pay attention to the support range below:
1329.54~1440.63
1209.69
1015.69
The lowest price can come to 900.48
-
Order cancelled
The trend line retraces badly and the trade is cancelled.
Chart PatternsTrend Analysis

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