COIN NAME- #ETH🔥🔥🔥🔥
SIGNAL TYPE- SHORT
This chart shows the ETH/USD trading pair on a 4-hour timeframe, highlighting a Head and Shoulders pattern. This bearish reversal pattern indicates a potential downtrend if the price breaks below the neckline (black horizontal line). The pattern consists of a left shoulder, a higher peak (head), and a lower right shoulder. The current price action is near $3,919, just above the neckline. If the neckline breaks with strong volume, the price could fall toward the projected target (measured by the height of the head). However, a rebound or trend continuation is possible if the neckline holds.
Trade Details:
Entry: Around 3900( Join my Binance live for premium crypto signals )
TP: 3400
SL: hold
$ETH
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