MASSIVE breakdown to 1400 and then possibly 800-900
ETH is spending way too much time on support.
Price is supposed to jump from support and being bought but here ETH struggle to jump near support level from last few weeks and plus this massive head and shoulder is playing out perfectly.
On macro scale we are retracing from high to 0.382 level on LOG scale.
Invalidation point and short term analysis is mentioned here:-
This is not a financial advice. DOYR.
Price is supposed to jump from support and being bought but here ETH struggle to jump near support level from last few weeks and plus this massive head and shoulder is playing out perfectly.
On macro scale we are retracing from high to 0.382 level on LOG scale.
Invalidation point and short term analysis is mentioned here:-
This is not a financial advice. DOYR.
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