Ethereum 1h

Actualizado
The price reached the previously specified target.
According to the one-hour candlestick, if the price can keep in the upper range of 1986, it can rise to the range of 2018-2036.
But if the one-hour candlestick closes below the 1986 level, the price is likely to fall back to the 1936 range in a head-and-shoulder pattern.
It is likely that the price will tend to go down more, but still this one hour candle can be decisive.

  • The best stop-loss for short position is the tip range of the head and shoulder pattern (range 2025)
    The best stop-loss for long position is the 1955 range
Operación cerrada: objetivo alcanzado
The price reached 1936.
Price is trying to touch the 1936 area and close the one-hour candle in that area.
Head and ShouldersSupply and DemandSupport and Resistance

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