Hi all, I am back with ETH and what I predicted in my last post is happening.
There has been a clear break in the ascending trend (red lines) and although it has been shifted a little to the right, the H&S is getting complete. I am confident this is going to happen because the ascending wedge that started 10 days ago is getting close and that will pusth the trend down to complete the H&S formation. Once this happens the ETH will dramatically fall to a bottom that I still believe is around 572 to square up with last year's price before it starts to climb to D.
Keep an eye on this idea, if you like it please thumbs up and follow to get further updates.
God Bless you all.
There has been a clear break in the ascending trend (red lines) and although it has been shifted a little to the right, the H&S is getting complete. I am confident this is going to happen because the ascending wedge that started 10 days ago is getting close and that will pusth the trend down to complete the H&S formation. Once this happens the ETH will dramatically fall to a bottom that I still believe is around 572 to square up with last year's price before it starts to climb to D.
Keep an eye on this idea, if you like it please thumbs up and follow to get further updates.
God Bless you all.