Recently I made an analysis on ETH where I talked about the inverse head & shoulders and the bullish trend that came from it. My line in the sand for a bullish trend was that the price was still above the right shoulder's support. However, now that we're trading below it the probability for a re-test of the "head"-area has increased.
Now it's all about patience. Shorting into a support seems like a bad idea, buying in this area too. I'm going to wait and see what BTC and stocks will do in the next two days.
For now, the most probable scenario would be a move towards the blue area.
Now it's all about patience. Shorting into a support seems like a bad idea, buying in this area too. I'm going to wait and see what BTC and stocks will do in the next two days.
For now, the most probable scenario would be a move towards the blue area.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.