Ethereum Head & Shoulder Pattern So Bearish Chart ?
Ethereum Chart Analysis:-
Ethereum (ETH) is currently trading at 11841 and looks bearish in the high timeframe (8H).
There is a potential formation of a head and shoulders pattern that may suggest a price target of 11500 in the coming weeks.
Investors should keep an eye on the 11830 level, which could potentially act as a support level before a further drop.
Key support and resistance levels are at 11830,
1570, and 11920, and investors should monitor them for potential buying or selling opportunities.
It is important to conduct your own research and analysis before making any investment decisions.
Always try to learn as much as possible and never trust blindly to anyone.
This article is for informational purposes only and is not financial advice.
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Ethereum (ETH) is currently trading at 11841 and looks bearish in the high timeframe (8H).
There is a potential formation of a head and shoulders pattern that may suggest a price target of 11500 in the coming weeks.
Investors should keep an eye on the 11830 level, which could potentially act as a support level before a further drop.
Key support and resistance levels are at 11830,
1570, and 11920, and investors should monitor them for potential buying or selling opportunities.It is important to conduct your own research and analysis before making any investment decisions.
Always try to learn as much as possible and never trust blindly to anyone.
This article is for informational purposes only and is not financial advice.
Follow us for more Quality Charts.
Thank you.
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