TBH Traders, Ethereum is not looking good right now from a technical standpoint:
#1 - Still haven't reached the target down area from the larger H&S pattern
#2 - Trend is still overall downward
#3 - Inverse Cup and Handle Pattern now formed
We are currently sitting on critical support which is also the neckline of the inverse C&H. If that breaks, target down area is at least $1000. Watch this closely!
Stew
#1 - Still haven't reached the target down area from the larger H&S pattern
#2 - Trend is still overall downward
#3 - Inverse Cup and Handle Pattern now formed
We are currently sitting on critical support which is also the neckline of the inverse C&H. If that breaks, target down area is at least $1000. Watch this closely!
Stew
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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.
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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.