Ethereum (ETH/USD) on the 4-hour timeframe is showing signs of a potential bearish reversal after facing strong resistance around the 1,800 zone.
Currently trading around 1,802, the price may be set for a move downward if resistance holds.
Analysis:
Price is struggling to break above the 1,800–1,810 resistance zone.
A rejection from this zone could trigger a move toward lower support levels.
First Support: 1,714
Second Support: 1,634
Third Support: 1,546
Main Target: 1,448
Note:
Look for bearish confirmation (candlestick patterns, trendline breaks, or volume shifts) before entering.
Proper risk management is essential to protect your capital.
Currently trading around 1,802, the price may be set for a move downward if resistance holds.
Analysis:
Price is struggling to break above the 1,800–1,810 resistance zone.
A rejection from this zone could trigger a move toward lower support levels.
First Support: 1,714
Second Support: 1,634
Third Support: 1,546
Main Target: 1,448
Note:
Look for bearish confirmation (candlestick patterns, trendline breaks, or volume shifts) before entering.
Proper risk management is essential to protect your capital.
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Regular analysis, clear trade ideas, and strong strategies are available to guide you.
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.
Join the Telegram channel for high-quality market analysis and precise opportunities.
Regular analysis, clear trade ideas, and strong strategies are available to guide you.
Regular analysis, clear trade ideas, and strong strategies are available to guide you.
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.