Pattern recognition and trendlines in action on ETH

currently ETH is in the process of forming the second should on the reverse head and shoulder pattern, which is relatively a great price point for a quick high likely move to the time side to the targeted price on the chart. Once the green candles start appearing and stalking up its is getting safer to jump in and enjoy the ride up. However, always better to keep an eye on it to make sure the trend is following. No one can tell the future. just sit back and watch the market and trade within the confirmed patterns.

This is only my opinion and it is not to be taken as a professional advice. Trade at your own risk and good luck!

تعليق:

Also, if you like to protect your investment with a stop loss, place stop loss under the first shoulder at around $813.