ETH put in check! Now following the master: ETH/USD Reversal
ETH formed the right shoulder on the 4 H chart overnight essentially reversing the positive trend ETH was previously on. It took a plunge down to its ~750 support level. The target for the Head and Shoulders pattern formed is at ~770, which I expect it to take unless it can break out of this newly formed negative trend.
Note
Please see my new account for updates on this trading Idea. Thank you!tradingview.com/chart/XRrrixmh/
-Dr. Don't Watch
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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.