🚨 #ETH IS BUILDING TOWARDS A MAJOR BREAKOUT
The structure is starting to look very different compared to the move we saw earlier this year
$ETH
has formed a clear inverse Head & Shoulders pattern; the right shoulder is currently developing within the existing uptrend
The key area is the $3K-$3.1K neckline
A clean break above this region would invalidate the idea of another lower high and confirm the pattern
From there, the chart opens up toward the $3.4K ATH
In my view, $3K is the level that determines whether this is just another range or the start of the next big ETH move
FOLLOW + TURN ON NOTIFICATIONS!
The structure is starting to look very different compared to the move we saw earlier this year
$ETH
has formed a clear inverse Head & Shoulders pattern; the right shoulder is currently developing within the existing uptrend
The key area is the $3K-$3.1K neckline
A clean break above this region would invalidate the idea of another lower high and confirm the pattern
From there, the chart opens up toward the $3.4K ATH
In my view, $3K is the level that determines whether this is just another range or the start of the next big ETH move
FOLLOW + TURN ON NOTIFICATIONS!
