KRAKEN:ETHEUR   Ethereum / Euro
283 3 2
First post so would be great to get some feedback.Is eth showing head and shoulders sign?
Glad you're trying to put up some posts and join the community. I would say this is not even close to a H&S. Realize that these patterns are somewhat ambiguous and there is flexibility and subjectivity in their interpretation, but I would be looking for a far more prominent height of the head compared to either of the shoulders. In this case the left shoulder is actually higher than the head. The neckline doesn't make much sense either. I suggest you review the details of this charting pattern. The neckline you have highlighted is an important trendline though, and if it breaks, further downward price to around 10 and then around 8 to 8.50 will be pretty likely.
+1 Reply
kukuman90 phlogistax
Thanks for the feedback!
well, one can try to guess, but ... i think ETH price more dependent of Bitcoin price, rather on the ETH ...graph shape..
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out