ETH ushered in a short trend

29 Jun 2022

Recently, ETH has fluctuated between $1,800 and $1,280. However, the shape of the bottom of the head and shoulders and the breakthrough of the wedge line in the figure indicate that ETH will usher in upward space, with a chance to break through $1,280 and continue to rise, and return to $1,730 in early June. It need to pay attention that if the price fall breaks through $1,177 or rises back to the resistance line, there will be a short trend in the future. Today's price decline breaks through the wedge line, indicating the short trend. We need to wait for a strong short signal. What investors need to pay attention to now is the strength of shorts in the future.This is an article, not financial advice, always do your own research.

Thank you and Good Luck!