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Jorji
May 16, 2021 6:56 PM

massive head and shoulders forming on ETHUSD Short

Ethereum / U. S. DollarKraken

Description

A break of 3500 would confirm pattern, and a break downwards to 3200 and possibly lower as there is not a lot of support at these levels.
Also consider BTCUSD is looking bearish as well, may mean an end to the bull market, or at least a much needed correction.(great time to buy!)

Comment

Bitcoin in a similar predicament, and will coincide with a break at 43k

Comment

3200 Target reached.

Trade closed: target reached

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