astocktrading

Inverse H&S Price Prediction for ETH

BINANCE:ETHUSDT   Ethereum / TetherUS
Inverse Head and Shoulders into historically strong demand zone. This is just another milestone for ETH to hit on it's way down to $500 :).

Chart speaks for itself but I think institutions are going to do many fakeouts here to stop out both bulls and bears by ripping it up above the 21 EMA on the 4hr chart to indicate a buy signal as well as liquidate the bears, only to sell at previous support and come crashing down, liquidating those bulls that went long on the "reliable" EMA break.

Stay safe folks. $500 is coming. Get your cash ready.

Love,
Stefan

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.