$ETH A while ago, I pointed out a head and shoulders pattern on the daily timeframe and explained that, from a purely technical perspective, it looked pretty bearish.
Since then, price has retested the neckline once more and gotten rejected again.
The technical price target of $1,950 is still in play and becoming increasingly likely, especially now that we've formed another lower low.
So far, there are still no signs of strength on the HTF.
Since then, price has retested the neckline once more and gotten rejected again.
The technical price target of $1,950 is still in play and becoming increasingly likely, especially now that we've formed another lower low.
So far, there are still no signs of strength on the HTF.
