Ethereum: Reverse Head & Shoulders Aiming ATH
Trading
1
Posts
1
Posters
5
Views
-

ETH weekly chart is printing a big reverse head & shoulders pattern.Three rounded lows:
Left shoulder

Deeper head

Right shoulder now forming

Why it matters:
Each dip gets bought higher, showing strong demand.

The neckline is basically the ATH resistance around 4,850.
What I’m watching:
As long as the right shoulder holds, bias stays bullish.

A clean weekly close above the neckline would confirm the pattern and open the door to new highs.
