After breaking from a smaller reverse Head and Shoulder, we are making our way to $800 to test a bigger H&S.
If that is validated we see ourselves looking at a $1,300 price.
This is the same featurette as my BTCUSD expectation. But as many has predicted, ETH should overtake BTC by end 2018! :)
If that is validated we see ourselves looking at a $1,300 price.
This is the same featurette as my BTCUSD expectation. But as many has predicted, ETH should overtake BTC by end 2018! :)
Comment:
Even the bearish downtrend channel has been broken. Nothing much to stop ETHUSD from going to $800 to validate our head and shoulders!
Comment:
The target for the small head and shoulder reversal has been reached ($720) and now we have a bearish divergence. We believe we will take a breather for now. And head to around $700 and bounce back to &800. Then we can validate the bigger head & shoulder.