It looks like Ethereum has completed its bearish correctional movement.
Analyzing the price movement on a 4H timeframe, the market formed an inverted head and shoulders pattern on a retest of a horizontal support.
The neckline of this pattern is broken, which suggests a strong likelihood of a bullish trend resuming, with the price expected to reach the psychological level of 4000 soon.
Analyzing the price movement on a 4H timeframe, the market formed an inverted head and shoulders pattern on a retest of a horizontal support.
The neckline of this pattern is broken, which suggests a strong likelihood of a bullish trend resuming, with the price expected to reach the psychological level of 4000 soon.
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.