ChrisThein

ETH/USD Bearish Head and Shoulder Pattern

Short
KRAKEN:ETHUSD   Ethereum
Ethereum looks like its finally starting to pullback. Its forming a head and shoulders pattern on the Daily. If this has a strong close below 10 we could see a nice drop to the 6's. I added an entry, stop, target just for a visual key. We'll have to see what price does first before we can establish a solid entry point. Good luck trading out there.
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.