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
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.