Inverse Cup and Handle Spotted on Ethereum

#ethereum #ethusd #ethusdt #short #inversecupandhandle #chartpatterns

TBH Traders, Ethereum is not looking good right now from a technical standpoint:

#1 - Still haven't reached the target down area from the larger H&S pattern
#2 - Trend is still overall downward
#3 - Inverse Cup and Handle Pattern now formed

We are currently sitting on critical support which is also the neckline of the inverse C&H. If that breaks, target down area is at least $1000. Watch this closely!

Stew