📊#ETH head and shoulders structure is not established❌

Wolf king
1 min readJun 18, 2024

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🧠Although we broke through the downward trend line, we still chose to fall in the end. The expectation of the bullish head and shoulders structure also failed, so the long orders we made based on this expectation were triggered to stop loss. Although it has fallen below the low again, we are currently in the buying zone. I will not chase shorts in this zone. Even if I want to go short, I have to wait for a rebound to occur before considering it.

➡️If we continue to fall, then we can just wait in the support area below. ☕️

Let’s see 👀

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Wolf king

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