DavidJDM

Eth head & shoulders

Long
DavidJDM Updated   
COINBASE:ETHUSD   Ethereum
I think that we still will hit target for the head & shoulders but after we retrace a bit to the .5 or .618 levels. After that I do think we make our way up. Mid to Long term I think that crypto is bullish.
Comment:
Looks like it's creating a bear pennant which is a continuation pattern with a similar target as the head & shoulders.

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.