🚨 𝗘𝗧𝗛𝗘𝗥𝗘𝗨𝗠 𝗗𝗔𝗡𝗚𝗘𝗥 𝗭𝗢𝗡𝗘! 𝗦𝗘𝗟𝗟 𝗧𝗛𝗘 𝗥𝗔𝗟𝗟𝗬, 𝗪𝗔𝗜𝗧 𝗙𝗢𝗥...
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Crypto traders, pay attention! Ethereum (ETH) has triggered a major bearish signal, and we are advising caution. The chart setup suggests significant downside risk before the next major buying opportunity appears.
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& : The neckline has been decisively broken, which is a strong sign of trend reversal and continuation lower.
: ETH is showing rejection near the $3500 - $3600 resistance zone. This is a chance to SELL ON STRENGTH.
: If ETH breaks below the big psychological number of $3000, expect selling pressure to accelerate.
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: $2800 and $2380.
: Based on the pattern projection, we are looking at the $2120 to $1850 zone.
: We believe true value buying starts around $1800.
: Do not try to catch a falling knife. Use any short-term rallies to exit long positions or initiate shorts. Patience is key to capitalizing on the inevitable correction.
Watch the full analysis on YouTube (link in bio) to see the exact Head & Shoulders pattern and all projection levels!
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