Ethereum's recent trend is worth paying attention to, especially from a technical pattern perspective. Currently, a clear head and shoulders top pattern has formed, which is crucial for subsequent trading decisions.
If you want to go long, this pattern must be closely monitored. Once ETH breaks above the 3100 level, the validity of the head and shoulders top will be broken, indicating an increased possibility of an upward breakout. However, it is important to note that in a standard head and shoulders top, the right shoulder is usually slightly lower than the left shoulder, and this detail is very important.
From a defensive standpoint, as long as the daily chart remains above 2900, it is relatively safe in the short term. This price level is the current main support zone. If it falls below 2900, you should decisively exit the position. This way, you can participate in potential upward opportunities while effectively managing risk.
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QuorumVoter
· 15h ago
Head and shoulders top, this old trick, someone always gets cut every time
Can 3100 really break? Stop kidding
If 2900 can't hold, just cut the position directly, no need to hesitate
It's all about defense defense, might as well go all-in for a more exciting move
Wait a minute, will the right shoulder play the reverse trick this time?
Technical analysis is misleading, it still depends on the market maker’s mood
Breaking 3100 is the real breakout, anything else is just talk
I bet 2900 won't last more than three days
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BlockchainFoodie
· 15h ago
ngl the head-and-shoulders pattern is literally like sous vide timing—one degree off and your whole dish collapses, no cap. eth's basically plating up rn, 2900 support is the mise en place we can't compromise on fr fr
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LiquidatedDreams
· 15h ago
If the head and shoulders top really breaks, it's over. If I can't hold 2900, I'll just run.
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UnluckyValidator
· 15h ago
Another head and shoulders top, another break above 3100. I'm tired of hearing this explanation.
If 2900 can't hold, what else can we do?
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ForkTrooper
· 15h ago
Head and shoulders top again? I just want to know if 3100 can really break through.
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If I can't hold 2900, I'll just run; anyway, I can't afford to lose.
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That the right shoulder is lower than the left shoulder... has anyone really noticed this detail?
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Forget it, let's wait until the breakout; entering now is just a gift.
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If ETH keeps fluctuating like this, I'll really go crazy.
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Break 3100 and go all in; otherwise, better to stay on the sidelines.
View OriginalReply0
AirdropHunterKing
· 16h ago
The head and shoulders pattern... I'm already tired of seeing it. The key is whether 2900 can hold. If it can't, just run. This amount of money can't withstand too much fluctuation.
Ethereum's recent trend is worth paying attention to, especially from a technical pattern perspective. Currently, a clear head and shoulders top pattern has formed, which is crucial for subsequent trading decisions.
If you want to go long, this pattern must be closely monitored. Once ETH breaks above the 3100 level, the validity of the head and shoulders top will be broken, indicating an increased possibility of an upward breakout. However, it is important to note that in a standard head and shoulders top, the right shoulder is usually slightly lower than the left shoulder, and this detail is very important.
From a defensive standpoint, as long as the daily chart remains above 2900, it is relatively safe in the short term. This price level is the current main support zone. If it falls below 2900, you should decisively exit the position. This way, you can participate in potential upward opportunities while effectively managing risk.