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asmallshrub

UPDATE: ETHUSD inverted head and shoulder

Ethereum (BITFINEX:ETHUSD)  
asmallshrub Aggiornato   
BITFINEX:ETHUSD   Ethereum
Chart Patterns Head and Shoulders Support and Resistance
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chartpattern headandshoulders supportandresistance
Updated chart

Eth has been in the process of turning this resistance level it’s been in into a support. This h&s is a strong continuation sign. There has been massive sell pressure but it’s been holding strongly.
Commento:
Time to test the neckline, $285 is the target that needs to be broke in order for upwards trend to continue. If it can’t break 285 expect a bigger drop to low 200s

Idee correlate

asmallshrub
Inverted head and shoulder on (4h)
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