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ETH/USD Head and Shoulders Market Reversal Pattern (Monthlly)
ETH/USD Head and Shoulders Market Reversal Pattern playing out on the Monthly.
Head: 4.8K Q4 2021
Shoulder: 2k
Neckline: $1270
I expect a lot of market participants took advantage of the Q2 2022 bearish rally to hedge/short ETH. Continuation down going into 2023.
Head: 4.8K Q4 2021
Shoulder: 2k
Neckline: $1270
I expect a lot of market participants took advantage of the Q2 2022 bearish rally to hedge/short ETH. Continuation down going into 2023.
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