Inverse H&S on Ethereum
So many indicators showing signs of reversal here:
Linear Channel Regression Breakout (dotted yellow lines)
Cross up and over the 100 Day MA (lime green solid line)
Cross up and over the 1D Ichimoku Cloud (not pictured in my chart)
Most notably, the inverse head & shoulders pattern has been confirmed. Might retest neckline, but based on the angle of this formation it is unlikely.
Based off the height of the head: Take profit $220
Based off the bottom of the right shoulder: Stop loss $100
Linear Channel Regression Breakout (dotted yellow lines)
Cross up and over the 100 Day MA (lime green solid line)
Cross up and over the 1D Ichimoku Cloud (not pictured in my chart)
Most notably, the inverse head & shoulders pattern has been confirmed. Might retest neckline, but based on the angle of this formation it is unlikely.
Based off the height of the head: Take profit $220
Based off the bottom of the right shoulder: Stop loss $100
交易結束：目標達成
Adjusting take profit to coincide with other mid-term fib analysis which says to take profit right at $200.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。