JaxelCap

Another Biased Bearish Eth case...

Short
FTX:ETHPERP   Ethereum Perpetual Futures
From the previous high of the last major leg up (3588) The Anchor Vwap is acting as a major support as well as the neckline of H&S pattern.

The H&S could follow through just as much as it could fail... I have a bias to the downside but waiting for confirmation...

close and hold above 1950 to Invalidate...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.