Ethereum
Short

ETH Head and shoulders playing out for drop to 2093 and fill CME

194
Ethereum has rejected from the upper resistance around 2813 and has formed a head and shoulders patter with a projected drop to 2093 which would also coincidentally fill the CME futures gap between 2183-2125. I expect this to be the final drop before we advance upward but may not get super bullish until around August which is typically when the major moves of the bull cycle year happen for Eth.

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.