Ethereum Head and Shoulders target fall to 2000

Ethereum seems to be continuing its bearish trend. We are looking at a potential short at the 200MAs, which is currently sitting at around 2240.
A new pattern is now potentially forming, the head and shoulders, with the neckline at 2125. If price breaks the neckline, the target is around 2000.

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Comment:

Testing the neckline. If breaks, prepare for downside volatility.