The same formation like BTC thus I expect the right shoulder to form just before the Bitcoin`s hard fork on the 28th however I think it will be at a lower level than the left one (maybe around $320).
Note
Few hours later we are at the "battle" point between the uptrend channel and the resistance at $284. If it breaks out successfully, it should follow the channel up to the desired target. Some volume wouldn`t hurt either :)Trade closed: stop reached
Price fell under $250, meaning going way down.
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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.