ETH/USDT UPDATE! INVERSE H&S!!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH/USDT update. ETH looks good here. Currently trading above $2900
It is making an inverse head and shoulder-like pattern where right shoulder formation is still pending. If this pattern plays out perfectly and breaks the neckline then we might see a new ATH for ETH.
For playing out this scenario ETH must hold the $2800 support. If it breaks and closes below $2800 then this pattern is invalidated.
Support:- $2800
Resistances:- $3200/$3600/$4000/$4800
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this ETH/USDT update. ETH looks good here. Currently trading above $2900
It is making an inverse head and shoulder-like pattern where right shoulder formation is still pending. If this pattern plays out perfectly and breaks the neckline then we might see a new ATH for ETH.
For playing out this scenario ETH must hold the $2800 support. If it breaks and closes below $2800 then this pattern is invalidated.
Support:- $2800
Resistances:- $3200/$3600/$4000/$4800
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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