ETH-The final drop before the cows come home (SHORT TERM SHORT)hello all 👋🙋♂️🙋♀️ Thank you so much for coming today
Let's get right to it💡. Today we are looking at a 4 hour view of ETHEREUM. I have noticed several things about ETH price action and what it could indicate.
⬆️ above on chart 📈📉 you can see I have labeled
major trend line (support line)
We have made contact with this long standing trend line and have seen some bullish pressure after doing so.
🤸🤸♂️
HOWEVER
There has been a Head and shoulders bearish pattern formed on the 4 hour view in which we did go down from but bounced back up to make a bearish flag 🐻🧸
🌊🏄♂️🏄♀️
MORE RECENTLY
We have formed a bearish harmonic pattern, which leads me to believe we will try to continue our head and shoulders pattern (with a drop in price) ⏬🔻But will catch support at our major trend line ~(3800)
🐼This is a Short term short Idea. The cryptocurrency market is extremely volatile.💣
This is not financial advice
🐶
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Jazerbay ☯️
Short
