ETHUSD completing H&S and fall hard or rise is expected
As we can see price perfectly created that H&S :
and on this analysis we are just updating neck line that is now this green rectangle and if it break that can easily break we may have next support zone that mentioned on chart .
Notice : if price break previous resistance zone we are looking for ATH on price :4530$ or even 5000$ and why? beacuse as you can see this neckline and green zone here is strong support available and we may see rise once again like green Arrow so then H&S is invalid and this was range zone before next pump.
DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<press like👍 if you enjoy💚>>
and on this analysis we are just updating neck line that is now this green rectangle and if it break that can easily break we may have next support zone that mentioned on chart .
Notice : if price break previous resistance zone we are looking for ATH on price :4530$ or even 5000$ and why? beacuse as you can see this neckline and green zone here is strong support available and we may see rise once again like green Arrow so then H&S is invalid and this was range zone before next pump.
DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<press like👍 if you enjoy💚>>
My telegram channel:
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t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned message in telegram for more information.
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