ETHUSD head and shoulders (NEW)
Updated
ETHUSD formed a head and shoulders pattern.
Currently it looks like the price will break below the neckline. Wait for volume surge.
Entry: clean break down below the neckline
target: 1250 usd.
Sentiment becomes more and more bearish.
We expect the break down very very soon.
Currently it looks like the price will break below the neckline. Wait for volume surge.
Entry: clean break down below the neckline
target: 1250 usd.
Sentiment becomes more and more bearish.
We expect the break down very very soon.
Trade active
As expected , the price broke down the neckline.If you have not entered short yet, you can short the neckline retest if you get one.
Short entry on the retest: 1565 usd
Trade active
target reached
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