$ETH iH&S
Updated
- ETH has formed a nice inverted head and shoulders reversal on the 1H timeframe.
- Once the neck line is broken I will open a long position. First target is ~$111, but I expect this to start the beginning of a bull trend... :)
- Once the neck line is broken I will open a long position. First target is ~$111, but I expect this to start the beginning of a bull trend... :)
Note
Still holding on to this trade. #Bitcoin is very close to breaking out of falling wedge and therefore I expect #ETH to follow.
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.