Ethereum - H&S, correction, but bullish in the long term
Hello and many thanks for reading my first publication on Tradingview!
When looking at the chart, it looks to me as if there is a massive Head and shoulders forming at the moment.
I expect the first support to be around 3550. If it does not hold, I am looking for 3190 and 2950 levels, which provide great opportunities to buy in the dip and reopen long positions for the overall bull run that is Ethereum finds itself in at the moment.
I will be happy to hear your opinions.
This post is purely my personal opinion and is definitely not a piece of financial advice. Taking action in the market as a result of this post may lead to a loss of capital.
When looking at the chart, it looks to me as if there is a massive Head and shoulders forming at the moment.
I expect the first support to be around 3550. If it does not hold, I am looking for 3190 and 2950 levels, which provide great opportunities to buy in the dip and reopen long positions for the overall bull run that is Ethereum finds itself in at the moment.
I will be happy to hear your opinions.
This post is purely my personal opinion and is definitely not a piece of financial advice. Taking action in the market as a result of this post may lead to a loss of capital.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.