ETH inverted head and shoulders
#ETH/USDT
#update
$ETH in a short time frame shaped an inverted head and shoulders pattern and broke out from the neckline.
🐮 after a pullback to the broken neckline, we can expect price increase toward the resistance zone between $1740 and $1780.
🐻as we are in a boring sideways move, so price may reject from ascending resistance zone and drop to the support zone.
#update
$ETH in a short time frame shaped an inverted head and shoulders pattern and broke out from the neckline.
🐮 after a pullback to the broken neckline, we can expect price increase toward the resistance zone between $1740 and $1780.
🐻as we are in a boring sideways move, so price may reject from ascending resistance zone and drop to the support zone.
Trade closed: target reached
