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Ethereum Head & Shoulder Pattern So Bearish Chart ?
Ethereum
Short
Ethereum Head & Shoulder Pattern So Bearish Chart ?
By CryptoPatel
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Apr 24, 2023
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Apr 24, 2023
Ethereum Chart Analysis:-
Ethereum (ETH) is currently trading at
1
1841
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
1
1500
in the coming weeks.
Investors should keep an eye on the
1830
level, which could potentially act as a support level before a further drop.
Key support and resistance levels are at
1830
,
1570
, and
1920
, 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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