Tickeron detected bearish Crypto Pattern: Head-and-Shoulders Top on February 25, 2024

A.I.dvisor
at Tickeron.com
02/26/24
Loading...
Head-and-Shoulders Top
ENS.X - Ethereum Name Service cryptocurrency
Emerged: 02/25/24
Breakout: $20.7
Price: $22.66
Target price: $17.56
A.I.dvisor detected a bearish Head-and-Shoulders Top pattern for ENS.X stock. This pattern was detected on February 25, 2024 . The odds of reaching the target price are 7. The pattern forms with a center peak (the Head, labeled 3) and left and right Shoulders (1, 5). Eventually the security stops testing highs and reverses trend into a decline. Consider selling a security short before it declines or buying a put option to benefit from the price decline. To improve success chances, wait for a confirmation move: allow the price to break below the Neckline level (2, 4), which is calculated as the average of the two lows between the Head and the Shoulders.
View a ticker or compare two or three
ENS.XDaily Signal changed days agoGain/Loss if shorted
 
Show more...
Ad is loading...
A.I.Advisor
published price charts