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Ethereum form a Shoulder Head Shoulder inverse; bullish signal

In this H4 timeframe, in the past 16 hours, Ethereum form a Shoulder Head Shoulder inverted. I mentioned in my past analysis that Ethereum could to form a double bottom as possible predicion, but not gave us. So, I discard and cancelled my past analysis. But beore of the past analysis, I mentioned that Ethereum form a Shoulder Head Shoulder and also, my prediction was successful and so professional. Now, the only that we can to do it's to hope that Ethereum make a pull back approximately at $1,750 USD and then, use our price action strategy to valid that Ethereum going to up, for that, I use H1 or H2 timeframe to valid the price action in short term as I know that Ethereum it's right now in the up momentum toward the $2,016 USD approximately, that will be my target profit.

תמונת-בזק

This it's the clearly suppport that I mark to analyze it.

תמונת-בזק

And remember, in Daily timeframe we look that Ethereum it's extremely bullish and our next price prediction will be the $3,000 USD in medium term.



Beyond Technical AnalysisChart PatternsCryptocurrencydailyanalysisEthereum (Cryptocurrency)ETHUSDpsycologyshoulderheadshouldersupportTrend Analysistrendanalysisexplained
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