head and shoulder forming on ETH

3 hari lalu

ETH has formed head and shoulder on 1 hr time frame if it decisively breaks 2525 and moves down the expected target of 2415 may be possible this H&S will become invalid if ETH stays above 2575-2585 then we can expect elliot wave 5 on shorter time frame to come into play which would set targets for 2710-2850 extension of wave 5 can be upto 3050....should 2410 be achived then we are looking at deeper correction which will happen on bigger time frame opening possible doors for 1900 levles

kelmarin

Dagangan aktif

eth now trading below 2525 if it holds this then H&S breakdown of neckline will be confirmed holding shorts for target of 2415