$ETH head and shoulders formation

١٧ مايو ٢٠٢١

Ethereum is in a H&S formation vs BTC, and it's highly likely to go down if it closes below the neckline. Target on chart

١٨ مايو ٢٠٢١

ملاحظة

Didn't close below the neckline yet, so the trade is still pending. It will be totally invalidated if we go above the right shoulder

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تم حذف الأمر

invalidated. unfortunately, ETH didn't go below the neckline and is now trading above the right shoulder. There's still a chance it will give the setup again, and if it does go below the neckline it should still be bearish