ETH to possibly form head and shoulders.
ETHUSDT - Intraday - We look to Sell at 1855.6 (stop at 1908.2)
A bearish Head and Shoulders is forming.
In line with the possible early stages of a head & shoulders pattern and the strong rejection of gains, we look to set shorts in anticipation of a swing lower.
Bespoke resistance is located at 1860.0.
Daily signals for sentiment are at overbought extremes.
A lower correction is expected.
Our profit targets will be 1701.1 and 1661.2
Resistance: 1800.0 / 1840.0 / 1900.0
Support: 1750.0 / 1700.0 / 1620.0
A bearish Head and Shoulders is forming.
In line with the possible early stages of a head & shoulders pattern and the strong rejection of gains, we look to set shorts in anticipation of a swing lower.
Bespoke resistance is located at 1860.0.
Daily signals for sentiment are at overbought extremes.
A lower correction is expected.
Our profit targets will be 1701.1 and 1661.2
Resistance: 1800.0 / 1840.0 / 1900.0
Support: 1750.0 / 1700.0 / 1620.0
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.