ETH BUYERS MIGHT BE TRAPPED IN A BEARISH SETUP

Updated
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.
Note
Congratulations to everyone who didn't get trapped!
Chart PatternsETHethshortsetupETHUSDETHUSDTshortTrend AnalysisWave Analysis

Also on:

Disclaimer