ETH head and shoulders and correction to fib levels
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#ETH/USDT
ETH shaped a head and shoulders patten and price is still above neck line.
🐻 break down from neck line will drop price to 0.5 fib level around $1340.
price possible to continue its correction wave to lower fib levels..
🐮 rejection from neck line can increase price to $1640 and price stay in sideway zone and head and shoulders pattern will be invalid.
ETH shaped a head and shoulders patten and price is still above neck line.🐻 break down from neck line will drop price to 0.5 fib level around $1340.
price possible to continue its correction wave to lower fib levels..
🐮 rejection from neck line can increase price to $1640 and price stay in sideway zone and head and shoulders pattern will be invalid.
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