prospectANALYTICS

Descending Inverse Head & Shoulder Breakout Targets

KRAKEN:ETHUSD   Ethereum
Because this patterns neckline is descending the breakout may be weaker than of a horizontal neckline. I would consider the breakout to deliver price to 307 - 337.
Comment:

Thoughts on how price might reach 300 target.

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.