luissjp

posible inverse head and shoulder in ETH

luissjp Uppdaterad   
COINBASE:ETHUSD   Ethereum
we are forming a posible inverse head and shoulder in eth.

the idea will be to break out of the falling wedge, but ging up we have 3 major resitence.

200 MA

the previous support tyhat is know resitence and we where rejected one time

and the support long support channel , that is now resistence.

I expect to either fail or break of 200 MA and test of the long support.
Kommentera:
200MA was resistance to strong if we make break the previous higher low we will drop much more, but we could still break the 200MA
Kommentera:
another thread pointed the 50MA weekly was holding the support and is been spot on.
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