Ethereum 4-Hour Analysis: Ascending Triangle Points to a Bullish

1월 1일

What’s Happening with Ethereum?

The trend is BULLISH, and we’re seeing a triangle pattern that could be the key to our next big trade. Let me break down my strategy so you can take full advantage of this move!

My Strategy:

Pattern Identification: We’ve spotted an ascending triangle on the 4-hour chart with a key resistance at $3,472.
Entry (Buy Limit) $3,472: If the price breaks this resistance with strength, we’ll place a buy order and aim for $3,878.
Risk Management: To protect ourselves from unexpected reversals, we’ll set a Stop-Loss at $3,095.

Key Confirmation: We’ll only enter if there’s increasing volume to avoid false breakouts.
Why This Strategy? An ascending triangle like this often signals a continuation of the bullish trend. With solid risk management, we’re aiming for a strong risk/reward ratio while staying aligned with the market’s momentum.

Disclaimer: This content is for informational and educational purposes only. It is not financial advice. Always do your own research and consult with a licensed financial advisor before making any investment or trading decisions. Trading involves significant risk, and past performance is not indicative of future results.

1월 7일

노트

The ascending triangle seems to confirm a bullish move. Watching the resistance level around $3,878 as a potential breakout point.