ETH Confirmed Head & Shoulders 5% dip?

Looks like Ethereum wants to come down 5% and try getting support on lower levels.

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Looks like we might come up a bit and go sideways and then dump down because the right shoulder is a bit smaller than the left shoulder.

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If we create a smaller shoulder and touch the trendline again, then I think it is safe to say we will definitely go down. But again, all of this can change (If Elon decides to buy BTC again lol) but that is what the TA is saying as of right now.

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Looks like it's creating a bear pennant which is a continuation pattern with a similar target as the head & shoulders.

DavidJDM

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DavidJDM

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