There is a bullish inverse head and shoulders pattern forming on the 4 hour charts for both ETHUSD and BTCUSD.

Trade on breakout and be careful of fake-outs. If you want to be more careful, wait for breakout that comes back to test the support (previous resistance around the 135-136 region) and bounces again before going long. Target around 147-148.
Just sharing an observation. Trade only what you can afford to lose and only after confirmation candles after breakouts. Never fomo. Its ok to miss an entry and wait for next opportunity rather than taking a higher risk without confirmations and possibly getting caught in a fake-out.
For bullish traders who want to take a higher risk and go for a higher target, always get your stop losses in profit at a comfortable amount just in case price reverses and starts a downtrend after hitting the first target.
Good luck!
Trade on breakout and be careful of fake-outs. If you want to be more careful, wait for breakout that comes back to test the support (previous resistance around the 135-136 region) and bounces again before going long. Target around 147-148.
Just sharing an observation. Trade only what you can afford to lose and only after confirmation candles after breakouts. Never fomo. Its ok to miss an entry and wait for next opportunity rather than taking a higher risk without confirmations and possibly getting caught in a fake-out.
For bullish traders who want to take a higher risk and go for a higher target, always get your stop losses in profit at a comfortable amount just in case price reverses and starts a downtrend after hitting the first target.
Good luck!
相關出版品
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。