Ethereum / TetherUS
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ETH/USDT UPDATE! INVERSE H&S!!

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Welcome to this ETH/USDT update. ETH looks good here. Currently trading above $2900

It is making an inverse head and shoulder-like pattern where right shoulder formation is still pending. If this pattern plays out perfectly and breaks the neckline then we might see a new ATH for ETH.

For playing out this scenario ETH must hold the $2800 support. If it breaks and closes below $2800 then this pattern is invalidated.

Support:- $2800
Resistances:- $3200/$3600/$4000/$4800

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Chart PatternsEthereum (Cryptocurrency)ETHUSDTTechnical IndicatorsTrend Analysis

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