Ethusdshort
ETH Head & Shoulder Pattern TA target $2059.65Eth is forming a Head and Shoulder pattern and it breakout already.
Testing the Horizontal green line was the confirmation, the technical target is $2059.65 but there is falling support line according to that I thing target is around $2155.46.
I show a Bearish Divergence ( Between Blue Vertical line).
Comment down your opinion about this pattern.
ETHUSDT(Support line breakout)ETHUSD (4H CHART) Technical Analysis
Support Breakout
ETH/USDT currently trading at $1442
Short Entry-level: $1470 - 1430
Stop loss: above $1670
Target 1: $1200
Target 2: $1045
Target 3: $915
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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ETHUSD short at 369.22, Resistance at trendlineI will short ETHUSD because :
It is facing a strong resistance at the trend line .
Its not been able to break that trend line .
The price is again at the resistance trend line and may fall.
If it breaks the resistance trend line then we will be looking to buy.
Entry : 369.22
First Target : 365
Second Target : 361
Stop loss : 370
How's the 100$ Shitcoin ETH is going to perform?Not too much to say here. A non-leveraged trade on ETH/USD pair after looking at these bearish signs. We believe that it's going downtown harder this time.
A short between 170-175$ with stop above 195$.
Targets will be 150-130-110-90$.
The next volume break should be a Bearish one let's see.
In the long run we should remain Bullish for our top crypto investments.