FieryTrading

🔥 Ethereum Inverse Head & Shoulders: $4000 Target

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
Since late September, ETH has seen quite a substantial bullish move. After reaching the neck-line of the head & shoulders pattern, ETH saw some consolidation due to BTC going parabolic and BTC dominance rising.

However, as of this morning, ETH is finally breaking out of the pattern and making a substantial bullish move.

Target for the current move is placed at $4000, potentially higher if price action persists this week.

Happy trading!

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