hello all 👋🙋♂️🙋♀️ Thank you so much for coming today
Let's get right to it💡. Today we are looking at a 4 hour view of ETHEREUM. I have noticed several things about ETH price action and what it could indicate.
⬆️ above on chart 📈📉 you can see I have labeled
major trend line (support line)
We have made contact with this long standing trend line and have seen some bullish pressure after doing so.
🤸🤸♂️
HOWEVER
There has been a Head and shoulders bearish pattern formed on the 4 hour view in which we did go down from but bounced back up to make a bearish flag 🐻🧸
🌊🏄♂️🏄♀️
MORE RECENTLY
We have formed a bearish harmonic pattern, which leads me to believe we will try to continue our head and shoulders pattern (with a drop in price) ⏬🔻But will catch support at our major trend line ~(3800)
🐼This is a Short term short Idea. The cryptocurrency market is extremely volatile.💣
This is not financial advice
🐶
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Jazerbay ☯️
Let's get right to it💡. Today we are looking at a 4 hour view of ETHEREUM. I have noticed several things about ETH price action and what it could indicate.
⬆️ above on chart 📈📉 you can see I have labeled
major trend line (support line)
We have made contact with this long standing trend line and have seen some bullish pressure after doing so.
🤸🤸♂️
HOWEVER
There has been a Head and shoulders bearish pattern formed on the 4 hour view in which we did go down from but bounced back up to make a bearish flag 🐻🧸
🌊🏄♂️🏄♀️
MORE RECENTLY
We have formed a bearish harmonic pattern, which leads me to believe we will try to continue our head and shoulders pattern (with a drop in price) ⏬🔻But will catch support at our major trend line ~(3800)
🐼This is a Short term short Idea. The cryptocurrency market is extremely volatile.💣
This is not financial advice
🐶
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Jazerbay ☯️
Giao dịch đang hoạt động
We have broken the resistance line 🔝⏫ Things can turn extremely bullish very fastlet's see 🕰️
🐶
Đóng lệnh: đạt mục tiêu
eth possible cup and handle major bull flag, im bullish
🐶
jazerbay
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.