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Ethereum Inverse Head And Shoulders – The Pattern That Could Spark A Reversal

Beneath Ethereum’s recent price stagnation lies a potentially explosive setup taking shape. The emergence of a near-perfect inverse head and shoulders pattern suggests that ETH may be preparing to shake off its sluggishness. This stealthy accumulation pattern, now approaching its make-or-break moment, has historically preceded some of Ethereum’s most dramatic rallies.

Ethereum’s current chart structure reflects this classic pattern, where the price has formed a “left shoulder,” followed by a deeper “head” and a “right shoulder,” with the neckline acting as a critical resistance level.

Ethereum Inverse Head And Shoulders – The Pattern That Could Spark A Reversal

Beneath Ethereum’s recent price stagnation lies a potentially explosive setup taking shape. The emergence of a near-perfect inverse head and shoulders pattern suggests that ETH may be preparing to shake off its sluggishness. This stealthy accumulation pattern, now approaching its make-or-break moment, has historically preceded some of Ethereum’s most dramatic rallies.

Ethereum’s current chart structure reflects this classic pattern, where the price has formed a “left shoulder,” followed by a deeper “head” and a “right shoulder,” with the neckline acting as a critical resistance level.

https://bitcoinist.com/ethereum-pattern-to-spark-reversal/