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myfye13
Feb 16, 2020 2:44 AM

Ethereum could be forming H&S Short

Ethereum / U.S. dollarBitstamp

Description

1st test: $275 - resistance must hold here
2nd test: A break below $262, finishing the right shoulder, would confirm the H&S pattern.

No support until $230

I'm bullish on Etherum long-term. That said, I'll be waiting for the break below $262 to make any move.

Comment

Closed half short position
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