Get started
zac_destroys_all

Ethereum head and shoulders break

Ethereum (BITSTAMP:ETHUSD)  
zac_destroys_all  
BITSTAMP:ETHUSD   Ethereum
Trend Analysis Chart Patterns downside
6
2
trendanalysis chartpattern downside
Ethereum has recently broken the neckline on a 4hr chart head and shoulders pattern slicing though support at 1720USD. The downside target for the head and shoulders pattern is 1499USD. The target for a developing bear flag is 1660USD. Before we test 1499USD I expect a retest of 1720USD acting as resistance.
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.