massive head and shoulders forming on ETHUSD
A break of 3500 would confirm pattern, and a break downwards to 3200 and possibly lower as there is not a lot of support at these levels.
Also consider BTCUSD is looking bearish as well, may mean an end to the bull market, or at least a much needed correction.(great time to buy!)
Also consider BTCUSD is looking bearish as well, may mean an end to the bull market, or at least a much needed correction.(great time to buy!)
Note
Bitcoin in a similar predicament, and will coincide with a break at 43k Note
3200 Target reached.Trade closed: target reached
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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.