Follow up on Ethereum's massive H&S forming

in #eth6 years ago

Hey guys,

So I thought I'd do a follow up on my last post about a potential massive H&S forming. The previous post is below:

https://steemit.com/eth/@ilnomis/ethereum-massive-h-and-s-forming-to-the-upside

Below is the current situation. As can be seen, after some side way movements ETH is continuing to go up. Could it perhaps be heading for the $950 area? If it did and then headed down to the $600 area ETH would then complete its right shoulder...and if it all goes according to theory then the next leg up would be back to the 4 digits zone. Although I wouldn't be surprised if the the intial rise goes above $950 and breach $1,000 before coming down to $600 as the $1,000 mark is a sort of major milestone to breach again.

As per usual, lets see what happens! Hope you enjoyed this and remember this IS NOT trading advice. Thanks

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