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is ETH on the path to "Inverse Head and Shoulders Pattern"?

Ethereum (INDEX:ETHUSD)  
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INDEX:ETHUSD   Ethereum
Trend Analysis Chart Patterns
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trendanalysis chartpattern
The inverse head and shoulders chart is thought to predict a bearish-to-bullish trend reversal and signals that a downward trend is nearing its end. Investors consider it to be among the most reliable trend reversal patterns.

  • if you DCA for long term keep doing that
  • if you're in a long trade position expect a dip in price near the potential left Shoulders and not lower then the head's lowest point
  • otherwise wait for the dip and enter a long or just follow the instructions on how to trade this pattern in the link attached

www.investopedia.com...headandshoulders.asp

Komen:
get ready, and don't try to catch the knife, when it's around 1.3k it has to range for a while before going up
Penafian

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