![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F4199fa82-37b8-42dd-a23e-9503ea1d0a90_2400x1080.jpeg)
![Neckline holding support](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F91ddd3bc-0b86-4b86-8aa8-21b671ffea26_1080x2400.jpeg)
Traders,
Also going long on Ethereum again today. As you know I pulled profits a few days ago in anticipation of a pullback. But the longer we go without a pullback, the less the probability becomes that we'll get one. Additionally, our neckline on the inverse head and shoulders pattern is proving strong support. I will be holding this trade to our target area at $2,200 to $2,400 with a stop limit somewhere under the 50 day.
Stew