EncryptedKvng

ETH Short Term Analysis

EncryptedKvng Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
My chart is self-explanatory but i'll endeavor to explain even further. ETH on 2H/4H is forming an inverse h&s, which will hold if the right shoulder doesnt break below the support line of 1980-2150$. And we may see a stepwise rise once again. Trade smart & stay safe
Comment:

Right shoulder held at support level around $2186 with right shoulder a little bit on the higher side of the left shoulder. ETH price action becoming very bullish, heading towards your resistance level of the neckline
Trade active:
Please ensure to take profit @3200, a more agressive approach will be to take profit @3600.
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