🔥 Ethereum Potential Head & Shoulders Forming

With Bitcoin and Ethereum falling again, I want to discuss a potential pattern that will emerge in the coming weeks: a bearish head & shoulders pattern.

Not sure yet if $3k will hold, but if it doesn't we expect a further fall to $2.75k. Would be surprised if we get lower than that, unless the stock markets will fall apart or something.

If we reverse from $2.75k, a rise to $4k is definitely in the cards. Most likely scenario would be for the price to fall down after that.

Happy trading!