Can the head and shoulders of Ethereum be established?
Updated
Hey, welcome everyone to participate in this potential head and shoulders structure, as shown.
Ethereum went out of a small unilateral decline after falling below 222$, and finally stabilized for the third time above 200$. On top of this, the 1H cycle pattern gradually formed a small cycle of head and shoulders.
We can see that Bitcoin has confirmed the breakthrough in the neckline resistance and is temporarily in the state of withdrawing the neckline support. I expect this head and shoulder structure to be established. We can intervene in the multi-single strategy after the withdrawal of the currency price.
This can't be said to be a good strategy. After all, the cycle is small, but in such a volatile market, the strategy of having a 4:1 profit-loss ratio can also be said to be too ~~
I wish you all the best.
Ethereum went out of a small unilateral decline after falling below 222$, and finally stabilized for the third time above 200$. On top of this, the 1H cycle pattern gradually formed a small cycle of head and shoulders.
We can see that Bitcoin has confirmed the breakthrough in the neckline resistance and is temporarily in the state of withdrawing the neckline support. I expect this head and shoulder structure to be established. We can intervene in the multi-single strategy after the withdrawal of the currency price.
This can't be said to be a good strategy. After all, the cycle is small, but in such a volatile market, the strategy of having a 4:1 profit-loss ratio can also be said to be too ~~
I wish you all the best.
Note
Observe the K-line performance of the 4H cycle. If there is a signal to stabilize, it will increase the probability that we will make more profit. I have bought it and wish you good luck.
我是路遥，专注于数字货币交易及行情分享。
特别提示：
交易本身就是概率游戏，在胜率以及盈亏比有优势的情况下利用资金管理去扩大你的利润，不要去追求短期的暴利！
永远记住：盈亏同源。
更多精彩视频内容可在YouTube阅览！
youtube.com/channel/UCvxmSn1wICkhmVZjN_0DV6Q
特别提示：
交易本身就是概率游戏，在胜率以及盈亏比有优势的情况下利用资金管理去扩大你的利润，不要去追求短期的暴利！
永远记住：盈亏同源。
更多精彩视频内容可在YouTube阅览！
youtube.com/channel/UCvxmSn1wICkhmVZjN_0DV6Q
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.