Updated chart
Eth has been in the process of turning this resistance level it’s been in into a support. This h&s is a strong continuation sign. There has been massive sell pressure but it’s been holding strongly.
Eth has been in the process of turning this resistance level it’s been in into a support. This h&s is a strong continuation sign. There has been massive sell pressure but it’s been holding strongly.
Comment:
Time to test the neckline, $285 is the target that needs to be broke in order for upwards trend to continue. If it can’t break 285 expect a bigger drop to low 200s
