Head and Shoulders time for ETH
Where is the bottom after such a steep climb?
ggintelrn
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@Malkaviano, it seems like it indeed! Although in cryptos, H&s do not always tell the whole truth. The word is out that it could retrace back to as low as 800usd considering fib levels, but it could test its 2.618 fib level before this, which is 1800usd..
ggintelrn
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@Malkaviano, its seems to have a strong support with its 50MA though.. I will not risk it on the way up, but will definitely be waiting for that dip
Where is the bottom after such a steep climb?