🔥 Ethereum Inverse Head & Shoulder Pattern
Ethereum has produced a head & shoulders pattern on the H1 chart. Albeit not a perfect one, we can still trade this pattern. Since the price has already surpassed the local high of the current 'shoulder' I've set the entry price at $1600.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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