🚨
$ETH 4H Analysis: Inverse Head & Shoulders Setup 🚨
If you look at Ethereum on the 4-hour timeframe, it is clear that the price is moving upwards in a staircase style. 📈
Another strong signal:
👉 An Inverse Head & Shoulders pattern is forming
(it is not complete yet, but the structure is being built)
🧠 My view:
When the right shoulder is complete, the price is likely to:
👉 make a 3-wave move (first a bit downside, then continuation)
📊 Important levels:
👉 Right shoulder zone: ~$2450
👉 Support zone (retest area): $2389 – $2410
This support zone is very critical —
because fake breakouts / traps often happen here ⚠️
📈 Bullish condition:
As long as ETH closes daily above $2250,
👉 the overall trend will remain bullish
🧠 Simply put:
The structure is still bullish
The pattern is being built
But do not blindly enter without confirmation
👉 To survive in crypto:
it is essential to learn, otherwise it is easy to get trapped.
#ETH #Ethereum #ETHETFS #ETHAnalysis #4HAnalysis