Trading Fam,
Lot's of good patterns occurring on the crypto charts recently, Ethereum is no exception. Here you can see a valid inverse head and shoulders pattern has formed. 85% of the time, these patterns play out.
If we do break that neckline to the upside, I would suggest that $4100 will come fairly quickly. We do have a few resistance areas ahead of us where I expect some pause. But this will only give the market enough time to recognize they may be missing the rocket ride and hop in.
If we don't break that neckline this week, we could pull back for another week. But I think by the end of June our neckline will break and we'll be on our way.
Best,
Stew
Lot's of good patterns occurring on the crypto charts recently, Ethereum is no exception. Here you can see a valid inverse head and shoulders pattern has formed. 85% of the time, these patterns play out.
If we do break that neckline to the upside, I would suggest that $4100 will come fairly quickly. We do have a few resistance areas ahead of us where I expect some pause. But this will only give the market enough time to recognize they may be missing the rocket ride and hop in.
If we don't break that neckline this week, we could pull back for another week. But I think by the end of June our neckline will break and we'll be on our way.
Best,
Stew
노트
Right shoulder decided to accumulate more. Took longer than originally anticipated to play out. But formation is still valid. Additionally, we have the 50 crossing up the 200. More confirmation 4100 target will be hit soon.노트
Nearing Target now!노트
Exactly as planned. $4100 now breached. If it breaks and is confirmed, it will signal the start of more altcoins beginning to make their move. 노트
ETH with a clear command to ALTCOINS, "Follow me!".노트
ETH held $4100 as expected. Higher now!
Stewdamus Trades -
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Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.