ETH to 185$ - Little Update
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So here's a little update about my last post. I still think we are going to atleast test neckline here in the couple next hours/days. Here's why :
1 - Volume is diminishing on every drop (left shoulder, head)
2 - We still to test neckline at 206,20
3 - If we test neckline then there confirmation of reversal from bullish-to-bearish here
4- I still expect a drop to 185 ~ (green box)
I'm sitting on side with a buy order at 185 ~ just in case.
P.S. I'm no financial advisor, theses are only notes for my education purpose, I could be wrong. I'm open for criticism discussion.
1 - Volume is diminishing on every drop (left shoulder, head)
2 - We still to test neckline at 206,20
3 - If we test neckline then there confirmation of reversal from bullish-to-bearish here
4- I still expect a drop to 185 ~ (green box)
I'm sitting on side with a buy order at 185 ~ just in case.
P.S. I'm no financial advisor, theses are only notes for my education purpose, I could be wrong. I'm open for criticism discussion.
Komen
Right on point, Bulls gave a longer fight then I thought they would, GG, let's see where it goes from here. I'll update with a new chart soon.
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