Well look what we have here!
Classic H and S on Eth and with BTC seeming bullish as well to boot!
Could see a back test of the neck! (Dont break ya neck!)
Take some profits at 1.38 and 1.618 remain will be sitting with a stop loss and will have a keen eye around 1.76 to see if we are still feeling bullish enough for new ATH situations... or if this will get rejected and bounce around and back down for a while!
I feel like we with break to new ATH mainly because I want us too! But also I know that idea can be a bit biased...and I dont like to predict that far into the future!
Happy trading!
Classic H and S on Eth and with BTC seeming bullish as well to boot!
Could see a back test of the neck! (Dont break ya neck!)
Take some profits at 1.38 and 1.618 remain will be sitting with a stop loss and will have a keen eye around 1.76 to see if we are still feeling bullish enough for new ATH situations... or if this will get rejected and bounce around and back down for a while!
I feel like we with break to new ATH mainly because I want us too! But also I know that idea can be a bit biased...and I dont like to predict that far into the future!
Happy trading!
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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.