Short trade idea on Ethereum (ETH/USD) by ThinkingAntsOk
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4H CHART EXPLANATION:
We observe that price is making a corrective movement, and there is a clear Head and Shoulders pattern. This is a potential short setup, but we must wait for a breakout of the neckline to confirm the trade, since the macro vision is long and this is just a short term trade. Daily vision:
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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.