DLgoal

Up Or Down ?

BITSTAMP:ETHUSD   Ethereum
previously published idea head and should pattern, ethusd price has successfully reached the target. For now, we can see it on an uptrend in a 1-hour time frame, price is forming an inverted head and shoulders pattern and making correction below the resistance level if it breaks above 3k, the price may revisit the 4k area (analysis resulted from the inverted head and shoulders pattern), or the price may break below the uptrend and creating a lower low.



Noted: this is just an analysis result that may not reflect the truth from the chart, trade at yr own risk, and always have a stop-loss :)

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