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

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INDEX:ETHUSD   Ethereum
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

Yorum:
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

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.