Long

Ethereum Inverse H&S signaling $300

Updated

Not financial advice

Ethereum looks likes it's getting ready for another move up. Bitcoin on the other hand could be searching for a daily lower high in comparison to the mid 10,000's. Which would indicate more red to come. With this in mind I would caution you to keep an eye on BTC.

Note

Looking great so far. Pullback from resistance zone as expected. Now looking for continuation. Stops could be set under our new hourly low at $274 if you want to be safe.

Note

Keep in mind we can head over $300. $300 is just the target for this particular IH&S pattern.

Note

Looks like BTC dumped and took the market with it, hopefully anyone trading had a stop set at $274. I'd consider this pattern toast. Looks like more red to come now.

Dtradess

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