Long

"ETH/USDT 1H: Bullish Reversal in Play – Targeting $2,280?

ETH/USDT 1H: Bullish Reversal in Play – Targeting $2,280?
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Market Structure (Confidence Level: 8/10):

Bullish reversal forming after testing $1,800 support.
RSI confirms hidden bullish divergence, with higher lows on RSI while price made lower lows.

Smart Money Analysis:

Strong order block formed at $1,880, reinforcing demand.
Break of market structure at $1,950, confirming a shift in trend.
Institutional accumulation visible in the volume profile, suggesting Smart Money positioning.

Trade Setup:

Entry: $1,953 - $1,960 (current retest).
Targets:
T1: $2,120 (Fair Value Gap fill).
T2: $2,280 (high-timeframe resistance).
Stop Loss: $1,880 (below recent swing low).

Risk Score:

7/10 – Favorable risk-to-reward, but a stoprun below $1,900 remains a risk.

Market Maker Activity:

Currently engineering a stoprun below $1,900, likely before a continued move higher.
Volume increasing on bullish moves, confirming institutional buying interest.

Key Levels:
Support: $1,880, $1,800.
Resistance: $2,120, $2,280.
Recommendation:

Long positions remain favorable at the $1,953 - $1,960 entry zone.
Monitor for a stoprun below $1,900 as liquidity is being engineered before continuation.
Manage risk tightly, as Smart Money is accumulating ahead of a potential breakout.

🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!

Cryptokijker

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.

Cryptokijker