Yesterday we experienced history as ETH hit an all-time high! It was not a clean slate cut - before ETH could even breach 1500 mark, it was heavily shorted and had to go up and down around 9 or 10 times before it hit 1502. Once resistance was broken, ETH took off! Across multiple platforms, you could see ETH frenzy. Many were celebrating and many were crying. We...
Here's an idea of a potential buy set up before a resumption of the move downwards towards the low 1800s. A H&S is currently forming the right shoulder which should present a buy opportunity from around 1865 with a target to 1885.
If the shoulder forms as expected then a sell from 1885 with a target of 1815 could be a good sell opportunity. Being mindful that the...
