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Yorokobi1272

ETH BUYERS MIGHT BE TRAPPED IN A BEARISH SETUP

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Ethereum / TetherUS (BINANCE:ETHUSDT)  
Yorokobi1272 Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
Trend Analysis Chart Patterns Wave Analysis ETH ETHUSDT ethshortsetup short ETHUSD
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trendanalysis chartpattern waveanalysis eth ethusdt ethshortsetup short ethusd
In my last post I warned the divergence ETH was creating at 4h. Now it seems wave B appeared sooner as expected, forming a possible Head and Shoulders. Volume now is decreasing, creating the perfect scenario for the bearish pattern. Correcting waves also end close to the neck of H&S. If price breaks the resistance then the pattern is invalidated.
Comment:
Congratulations to everyone who didn't get trapped!
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