Ethereum (ETH/USD) – High-Probability Long Setup from Major Demand Zone
> Ethereum is Showing Strength from a Key Support Zone – Ready for a Bullish Reversal?
ETH/USD has pulled back into a high-demand zone ($2440–$2450) which has previously acted as a strong base for bullish moves. Current market structure suggests a potential rebound, with a solid risk-reward profile.
Trade Setup:
Entry: $2560 (Current Market Price)
Stop Loss: $2441 (just below the support base)
Take Profit 1: $2698
Take Profit 2: $2933
Technical Insights:
Strong support zone marked with historical demand
Recent selling pressure is weakening, signaling potential reversal
Bullish volume clusters forming at key levels
Favorable risk/reward ratio of over 3:1
Strategy Note:
A clean break below $2440 invalidates this setup. If the support holds, a strong impulse wave toward $2700 and beyond is highly probable.
Trade Confidence: 75% based on confluence of price action, volume profile, and market structure.
Let’s hear your thoughts:
Are you riding this move or waiting for confirmation?
Like, comment & follow for more high-probability crypto setups!
Disclaimer: This is not financial advice. Please do your own research before trading.
#Ethereum #ETHUSD #CryptoTrading #TechnicalAnalysis #PriceAction #ETH #CryptoSignals #Altcoins #TradingStrategy #TradingView
> Ethereum is Showing Strength from a Key Support Zone – Ready for a Bullish Reversal?
ETH/USD has pulled back into a high-demand zone ($2440–$2450) which has previously acted as a strong base for bullish moves. Current market structure suggests a potential rebound, with a solid risk-reward profile.
Trade Setup:
Entry: $2560 (Current Market Price)
Stop Loss: $2441 (just below the support base)
Take Profit 1: $2698
Take Profit 2: $2933
Technical Insights:
Strong support zone marked with historical demand
Recent selling pressure is weakening, signaling potential reversal
Bullish volume clusters forming at key levels
Favorable risk/reward ratio of over 3:1
Strategy Note:
A clean break below $2440 invalidates this setup. If the support holds, a strong impulse wave toward $2700 and beyond is highly probable.
Trade Confidence: 75% based on confluence of price action, volume profile, and market structure.
Let’s hear your thoughts:
Are you riding this move or waiting for confirmation?
Like, comment & follow for more high-probability crypto setups!
Disclaimer: This is not financial advice. Please do your own research before trading.
#Ethereum #ETHUSD #CryptoTrading #TechnicalAnalysis #PriceAction #ETH #CryptoSignals #Altcoins #TradingStrategy #TradingView
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.
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.