EtherCharts

Breakout Move is Over - Now Looking for Support

BITFINEX:ETHUSD   Ethereum
The breakout from the inverted head and shoulders appears to have reached its apex and now the ETH/USD chart shows a counter trend to test support. Look for a couple of areas to provide it. First, the purple inverted head and shoulders neck line. Second, the area that is right where the breakout happened - the mid to low 430's.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.