ETH/USD 1-DAY CHART ANALYSIS
Buy NOW @2517
Pattern & Price Analysis:
Chart Pattern: Accumulation Breakout / Range Breakout
Structure: ETH broke out from a prolonged consolidation zone (~$2,800 resistance), confirming bullish intent.
Volume & Momentum: Likely increase in volume at breakout level (assumed from typical breakout behavior).
Ichimoku Context: Price trading above the cloud — confirms bullish bias.
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Key Technical Levels:
Entry Zone: ~$2,800 (breakout level)
Immediate Resistance / Target 1: ~$3,500
Major Resistance / Target 2: ~$4,500
Support Zone: $2,600 (below breakout level and cloud base)
Invalidation Level (Stop-Loss): Below $2,500 (loss of structure support)
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Trade Setup:
Entry: On successful breakout retest near $2,800 or fresh breakout candle close.
Stop Loss: Below $2,500 (structure invalidation and Ichimoku cloud breakdown).
Target 1: $3,500 (conservative take-profit)
Target 2: $4,500 (range projection and previous major resistance)
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Risk-Reward Outlook:
Entry: $2,800
Stop: $2,500 (Risk: $300)
Reward 1: $700 → RR ≈ 1:2.3
Reward 2: $1,700 → RR ≈ 1:5.7
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Summary:
Ethereum has broken out of a long-term accumulation range around $2,800, signaling a shift in market sentiment from neutral to bullish. The Ichimoku cloud and market structure suggest continuation higher. As long as ETH holds above $2,600–2,800, the upside remains favored. Risk is clearly defined, and the potential for a 1:5+ risk-reward ratio makes this an attractive swing setup for bulls.
Buy NOW @2517
Pattern & Price Analysis:
Chart Pattern: Accumulation Breakout / Range Breakout
Structure: ETH broke out from a prolonged consolidation zone (~$2,800 resistance), confirming bullish intent.
Volume & Momentum: Likely increase in volume at breakout level (assumed from typical breakout behavior).
Ichimoku Context: Price trading above the cloud — confirms bullish bias.
---
Key Technical Levels:
Entry Zone: ~$2,800 (breakout level)
Immediate Resistance / Target 1: ~$3,500
Major Resistance / Target 2: ~$4,500
Support Zone: $2,600 (below breakout level and cloud base)
Invalidation Level (Stop-Loss): Below $2,500 (loss of structure support)
---
Trade Setup:
Entry: On successful breakout retest near $2,800 or fresh breakout candle close.
Stop Loss: Below $2,500 (structure invalidation and Ichimoku cloud breakdown).
Target 1: $3,500 (conservative take-profit)
Target 2: $4,500 (range projection and previous major resistance)
---
Risk-Reward Outlook:
Entry: $2,800
Stop: $2,500 (Risk: $300)
Reward 1: $700 → RR ≈ 1:2.3
Reward 2: $1,700 → RR ≈ 1:5.7
---
Summary:
Ethereum has broken out of a long-term accumulation range around $2,800, signaling a shift in market sentiment from neutral to bullish. The Ichimoku cloud and market structure suggest continuation higher. As long as ETH holds above $2,600–2,800, the upside remains favored. Risk is clearly defined, and the potential for a 1:5+ risk-reward ratio makes this an attractive swing setup for bulls.
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
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.
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
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.