mo.assadi

1720 holds the key

mo.assadi Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
Personal ETHUSDT analysis would welcome any input.

1720 seems to hold the key for another climb towards ATH, think that if ETH manages to break it could see a push towards 1870 with a pullback/correction recurring with a retest of 1720 or thereabouts again. Bullish as there is a inverse head and shoulders taking shaping in the 4h chart.
if we cannot maintain the bullish pressure there could be a sell off again with a a retest of 1600-ish support and if that doesnt hold i think it could be 1450 :o.

Lets see what happens next few bars.
Comment:
1820 hit and exit, great trade
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.