BINANCE: ETH/USDT (Inv. H&S)

Updated
As we see bitcoin has been supported by 19k and made a nice bounce to 21k. So far every thing looks good but there is a catch. Total market still reacts to bearish trendline while Total2 has already broken it. it just needs a HH to strengthen the idea of alt party. meanwhile ETH shows strength against bitcoin and formed an inverse head and shoulders pattern in W1 which gives hope to the other alts. as you see RSI bearish trend line broken and retested in W1 and gives bullish vibes too. Don't forget that Merge effect hasn't kicked in for some reason. Always DYOR before entering any position or trade.

🛒 Pair: ETH/BTC🛒
== SPOT==
⏰ 1401/08/09 ⏰
🕰 31/10/2022 🕰
Duration:
📈 SHORT - MID 📈
Ex: Binance
#96
🛒 Buy : 0.074 - 0.078 🛒

👉Sell Targets👈
🎯TP1: 0.082 🥉
🎯TP2: 0.086🥈
🎯TP3: 0.090 🥇
🎯TP4: 0.095 🚁
🎯TP5: 0.099 ✈️
🎯TP6: 0.109 🚀

⛔️ SL: 0.072 by closing D1 below
Note
opened.
Head and ShouldersTrend AnalysisWave Analysis

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