Technical analysis by Expate about Symbol ETH on 4/10/2025

🕰️ Timeframe: 4H📈 Pattern: Inverse Head & Shoulders (Bullish Reversal Setup)📍 Current Price: $1,518📏 Neckline: ~$1,589 (marked in blue)🧠 Pattern Structure:Left Shoulder: ~$1,475Head: ~$1,420Right Shoulder: ~$1,470Neckline: ~$1,589Measured Target: Neckline to bottom = ~$1,589 - $1,420 = $169→ Breakout Target = $1,589 + 169 = $1,758** — aligns [perfectly] with Fib 0.65 ($1,762)**🧩 Confluence Factors:🔹 Fibonacci 0.65 @ $1762 = Target zone of the pattern🔹 Fibonacci 0.618 @ $1915 = Secondary resistance zone🔹 Clean neckline retest idea → breakout & retest of $1589 = ideal entry trigger🔹 RSI divergence (if any) & volume confirmation on breakout = final confidence boost✅ Strategy Plan:Entry Idea: Break & retest of $1589Take-Profit: $1758–1766Stop-Loss: Below right shoulder ($1465–1470 zone)Risk/Reward: ~2.5R depending on entry accuracyProbability: 65/35 bullish continuation if neckline breaks with strong volumeHalfway there50% closing right now, SL moved to break even.