ETH Head and Shoulder

[ImThour]

Keep an eye on this. 
ETH can play Head and Shoulder and the expected date is 22nd August, 2021.

[roosbit]

Not sure at what time frame you looking at, all I see is price making lower highs and higher highs showing that Ethereums market is bullish,  and moreover Ethereum just got its "London hard fork" which is another bullish reason as eth fees will no longer be violently changing anyhow. And OP your analysis looks  correct but these markets always will do the unexpected and am bullish about it.

[semobo]

Not sure at what time frame you looking at, all I see is price making lower highs and higher highs showing that Ethereums market is bullish,  and moreover Ethereum just got its "London hard fork" which is another bullish reason as eth fees will no longer be violently changing anyhow. And OP your analysis looks  correct but these markets always will do the unexpected and am bullish about it.

We just had the hardfork so people who bought before the hardfork will be cashing out for sure in the next few days, its good to see that the market is again turning to be bullish but the real reason for the bullish is ethereum or other external factors like manipulation?

[Tytanowy Janusz]

Keep an eye on this.  
ETH can play Head and Shoulder and the expected date is 22nd August, 2021.

Head and Shoulder is not a pattern that you predict based on left shoulder and head and try to trade on that. Its a pattern that you see and trade after breaking neck line with significant volume. Your prediction is nothing more than reading from coffee grounds or from a crystal ball.

Edit:
Just checked chart and realize that your post is 1 day old ... And I see it already not aged well.

[ImThour]

Keep an eye on this. 
ETH can play Head and Shoulder and the expected date is 22nd August, 2021.

Head and Shoulder is not a pattern that you predict based on left shoulder and head and try to trade on that. Its a pattern that you see and trade after breaking neck line with significant volume. Your prediction is nothing more than reading from coffee grounds or from a crystal ball.

Edit:
Just checked chart and realize that your post is 1 day old ... And I see it already not aged well.

Hey, yes. I am still learning. Thanks for your feedback.

[velosepur]

Interesting point of view here I must admit. Eth is one of my portfolio coins and often surprise me with fast drops and ups in short term regarding coin price. It is nice period in front of eth I think. Lets see.

[Boomber]

Keep an eye on this. 
ETH can play Head and Shoulder and the expected date is 22nd August, 2021.

so you mean there is a possibility if the price of Ethereum will go down or experience a correction? if yes, then I hope what you predict will be wrong, because I hope the price of Ethereum will continue to increase very high and even create a new ATH price, so that I can get a big profit from investing in Ethereum, because I am currently investing in Ethereum and hope that in the near future the price of Ethereum can reach the target I want, which is $5k.

[Bonenx14]

Interesting point of view here I must admit. Eth is one of my portfolio coins and often surprise me with fast drops and ups in short term regarding coin price. It is nice period in front of eth I think. Lets see.

It seems that everyone has seen the potential of ETH in the past as well as today, so there is no need to be surprised because ETH is a coin that deserves to grow in the market and also a coin that deserves to be owned by anyone.

[Johnyz]

Interesting point of view here I must admit. Eth is one of my portfolio coins and often surprise me with fast drops and ups in short term regarding coin price. It is nice period in front of eth I think. Lets see.

It seems that everyone has seen the potential of ETH in the past as well as today, so there is no need to be surprised because ETH is a coin that deserves to grow in the market and also a coin that deserves to be owned by anyone.

If you look at the shared chart, the price goes up because of the hard fork and after that the price go sideways which will go down later on because the price already reach its peak during its fork and it will always go back on where it started. ETH is indeed the best altcoin this is a proof that ETH can go for more heights, just monitor its price and you’ll be good.

[Fivestar4everMVP]

Good to highlight this point, I am not a strong technical  person but I believe nothing goes up forever, the london hard fork that is being stress here is just a hype, remember when BNB burn use to pump the price but now the market understand the dynamic. I know there is a coming correction but do not know how much dip we are likely going to see

If you look at many hard fork before, you’ll notice the same pattern where the price pumps before and during the fork, it just started to go dump after the fork, slowly but surely. ETH will correct its price later on, but the good thing here is to address the real problem which is the fees and hopefully this fork can do that. The price may correct but if this fork successfully done its purpose, eventually ETH will rise again.

Wanna point out that eth isnt isn't the only one going up, bitcoin and several other coins are bullish in this particular time too, so you have shouldn't make it look like the London hard fork is the main reason why eth is bullish, I personally think it's coincidental, if we believe that the London hard fork is the reason why eth is going up, then what are we going to say is the reason why other coins like bitcoin, internet of things, bnb, and others are all going up??? Did this coins all had a London hard fork too?? No

[crzy]

If you look at the shared chart, the price goes up because of the hard fork and after that the price go sideways which will go down later on because the price already reach its peak during its fork and it will always go back on where it started. ETH is indeed the best altcoin this is a proof that ETH can go for more heights, just monitor its price and you’ll be good.

Yes, but I myself have not only done monitoring on ETH, but I have also made a few trades with ETH and that's what I started from last year until now, because ETH is not only suitable for investment, but also suitable for trading, especially in conditions who just finished Hardfork.

Trading with ETH seems more profitable because of its head and shoulder trend, if you can spot that then use it as your advantage and make money out of it. The fork will become successful as I can see on ETH, they really want to address the problem and with this fork, it can happen. The price will eventually rise even after the fork, maybe we will start another bull trend since Bitcoin is also moving on a good position.

[Hippocrypto]

If you look at the shared chart, the price goes up because of the hard fork and after that the price go sideways which will go down later on because the price already reach its peak during its fork and it will always go back on where it started. ETH is indeed the best altcoin this is a proof that ETH can go for more heights, just monitor its price and you’ll be good.

Yes, but I myself have not only done monitoring on ETH, but I have also made a few trades with ETH and that's what I started from last year until now, because ETH is not only suitable for investment, but also suitable for trading, especially in conditions who just finished Hardfork.

Many people used to trade eth from time to time, as a matter of fact I do hold for weeks and now it's been growing. Despite of the increasing trend nowadays, I've seen more potential for ethereum as hardfork brought more positive responses from different groups of traders and holders.

[nelson4lov]

Well, from my observation, the H&S chart pattern haven't played out yet and it's not certain that it will do just as you predicted simply because it's the market and the market does what it once. One other thing to note is that the overall market trend right now is bullish so if you're predicting this chart pattern (which is a bearish one), it means you're going against the trend. Anyway, since anyone is free to come up with their own TA and prediction, there's only so much I can say. Goid luck on your decision/predictions.

[barabeku]

Well, from my observation, the H&S chart pattern haven't played out yet and it's not certain that it will do just as you predicted simply because it's the market and the market does what it once. One other thing to note is that the overall market trend right now is bullish so if you're predicting this chart pattern (which is a bearish one), it means you're going against the trend. Anyway, since anyone is free to come up with their own TA and prediction, there's only so much I can say. Goid luck on your decision/predictions.

I share your point of view that it is likely to be growth in price rather than bear movements. According to charts, Ethereum’s price has broken through a powerful resistance level which can indicate the recovery of the price even in the long term, and not just short-term fluctuations. So personally I hope for an increase, especially judging from the positive mood of the market in general.

[cryptoperkele]

Keep an eye on this. 
ETH can play Head and Shoulder and the expected date is 22nd August, 2021.

"Can" play that scenario? It can do many things, but this would be a weird time looking for h&s pattern. It isn't relevant until it becomes closer on next shoulder. For the moment, there are way too many scenarios in play to draw conclusions of h&s imho.

[Ararbermas]

Keep an eye on this. 
ETH can play Head and Shoulder and the expected date is 22nd August, 2021.

well i will not become surprised if that day happens and there will be a massive dump in the market. Because mostly investors nowadays is just riding for hype only and after that they're cashing out instead of keep holding. So expect aftee weeks ethereum will change direction.
Indeed who will gonna trust despite of the situation wherein market always fell so hard after all time high. Investor were getting smarter because of what is the result always. So don't be surprised as well. 

[imstillthebest]

Keep an eye on this. 
ETH can play Head and Shoulder and the expected date is 22nd August, 2021.

well i will not become surprised if that day happens and there will be a massive dump in the market. Because mostly investors nowadays is just riding for hype only and after that they're cashing out instead of keep holding. So expect aftee weeks ethereum will change direction.
Indeed who will gonna trust despite of the situation wherein market always fell so hard after all time high. Investor were getting smarter because of what is the result always. So don't be surprised as well. 

shoulder is not far from head so the dump would not be too much .
it will be too much if op say head to toe . eth increase not because of the hype but what is in hype are those shitcoins and meme coins .
investors in eth are in for the underlying technology of the coin and that makes them a smart investor  . not those that come and go after a short amount of time