Ethereum - Potential Head and shoulders play
Left Shoulder - 2432
Head - ~ 2700
Right shoulder mid-August - 2550
Neckline - 2200-2300
See what happens..
It's gone up real fast due to bullish sentiment and over-shorting (those candles!). 2700-3000 is full bull trend reversal if it breaks it and holds 3000
I've been wrong before, but I can't see adding to my long ETH at this time. Hedging..
Head - ~ 2700
Right shoulder mid-August - 2550
Neckline - 2200-2300
See what happens..
It's gone up real fast due to bullish sentiment and over-shorting (those candles!). 2700-3000 is full bull trend reversal if it breaks it and holds 3000
I've been wrong before, but I can't see adding to my long ETH at this time. Hedging..
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