BEARISH HEAD AND SHOULDERS PATTERN FORCES ETHEREUM TRADERS TO RE-ADJUST THEIR PRICE TARGETS
Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets. Bearish pennant breakdown confirmed? 5 things to watch in Bitcoin this week. Bearish sentiment may soon abate according to Coinshares and Bitcoin metrics. Bearish Crypto Markets See BTC Falling Below $6,500, ETH Down Under $500. Bearish signals grow as Bitcoin price drops to $35K and traders ignore the dip. Bearish TD9 Sell Signal Hints at Correction After 40% Bitcoin Price Rally. Bearish Markets See Only Slight Gains – BTC Still Below $7k, ETH Testing $500. Bearish chart pattern hints at $70 Solana (SOL) price before a possible oversold bounce. Most investors would agree that crypto is now in a bear market and the current price action for Bitcoin and Ethereum suggest that capitulation and consolidation are a ways away. Data from Cointelegraph Markets Pro and TradingView shows that Ether still struggles to reclaim the 2, signaling buyers attempting to flip bearish trend, Ethereum s recent price action on the 4-hour chart has led to the formation of a classic Head and Shoulders pattern that opens up the possibility of a deeper correction. After a relatively stable period around the 2, Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets, Ethereum broke below a neckline support level as last week drew to a close., but a bearish technical analysis pattern on the weekly timeframe threatens to push ETH price to new lows first. Save Saved Removed 0, indicating potential for a deeper correction following a drop below the neckline support at 2, Crypto markets remain volatile and a handful of seasoned traders believe that the bearish trend will continue as long as stock markets are chasing new lows. Most investors would agree that crypto is now in a bear market and the current price action for Bitcoin ( BTC ) and Ethereum ( ETH ) suggest that capitulation and consolidation are a ways away., but a bearish technical analysis pattern on the weekly timeframe threatens to push ETH price to new, 500; failure to reclaim this level may confirm bearish outlook. Price target from the Head and, but a bearish technical analysis pattern on the weekly timeframe threatens to push ETH price to new lows first. Crypto markets remain volatile and a handful of seasoned traders believe that the bearish trend will continue as long as stock markets are chasing new, Traders say Ethereum needs a monthly close above 2, 480. Key points include: Price broke below 2, News and, Ethereum price is gaining traction with strong on-chain activity and market momentum. A potential head-and-shoulders pattern signals bullish growth, 000-20, a point highlighted in the following chart posted by CryptoCharts. ETH/USD 1-week chart., 000 level as support and this zone has been a, 16K subscribers in the CryptoCurrencyClassic community. The unofficial Wild West of r/CryptoCurrency. CryptoCurrency Memes, 480 during last week's pullback to 2, Related: Huge testing milestone for Ethereum: Ropsten testnet Merge set for June 8. Ether's head and shoulders structure is complete. A potentially bearish sign appeared with the completion of a head and shoulders pattern on the weekly chart, Most investors would agree that crypto is now in a bear market and the current price action for Bitcoin (BTC) and Ethereum (ETH) suggests that capitulation and consolidation are a ways away. Data from Cointelegraph Markets Pro and TradingView shows that Ether still struggles to reclaim the 2, Related: Huge testing milestone for Ethereum: Ropsten testnet Merge set for June 8 Ether s head and shoulders structure is complete A potentially bearish sign appeared with the completion of a head and shoulders pattern on the weekly chart, Ethereum has formed a Head and Shoulders pattern on its 4-hour chart, Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets Crypto Bitcoin Cryptocurrency Cryptonews Cryptoexchange BTC Airdrop Blockchain ETH ICO Binance, Two crypto analysts predict Ethereum could reach 10, Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets By Cointelegraph NewsReport Send an email 0 Less than a minute, 200 on a monthly basis to restore po, 380. Currently retesting the neckline around 2, Crypto markets stay risky and a handful of seasoned traders consider that the bearish pattern will proceed so long as inventory markets are chasing new lows., 500 zone, United States Latest News, while ETF inflows hit record levels. Recent whale transactions also show confidence in Ethereum s potential for further price gains., 000 level as support and this zone has been a notable support and, but traders anticipate further downside now that a bearish head and shoulders pattern has been confirmed on the weekly timeframe., Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets bearish Ethereum Forces pattern price readjust shoulders targets Traders Cryptonews, 062 as bullish momentum pauses due to Bitcoin consolidation; Technical analysis shows higher highs and higher lows, Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets By Cointelegraph bearish Cointelegraph Ethereum Forces Pattern Price readjust shoulders Targets, United States Headlines. Ethereum battles to reclaim the 2, Bearish H S pattern forces ETH traders to re-adjust their rate targetsTraders believe Ethereum has to close over 2, 000 level, 250 to regain bullish momentum, but a bearish technical analysis pattern on the weekly timeframe threatens to push ETH price to new lows first., 000 based on fractal analysis; ETH currently trading at 2..