ETH - Danger zone in eth

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If eth fails to recover its price at this point, we will see the confirmation of a SHS.
The fall could take EHT to 2435usd zones as a last target, although it presents strong resistances in the 20 and 55 EMAs in 4hs.

In summary.

  • According to my analysis, a candlestick close below 2630usd would confirm a head shoulder.


*If it manages to recover its price it could lateralize forming a triangle.


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