Market Structure & Key Zones: Current Price: 1.26217 Daily Supply Zone: 1.26744 – 1.26252 (Strong Resistance) Higher Timeframe Order Block (HOTW): 1.26744 Lower Timeframe Order Block (LOTW): 1.26252 Key Support Zone: Around 1.25500 (Recent Liquidity Sweep) Key Observations: 1. Break of Structure (BoS) Confirmed: Multiple BoS events indicate a bullish...
Current Market Structure: ETH/USD has been consolidating within a well-defined range since early February. The support zone is around $2,400 - $2,450, while the resistance zone is between $2,800 - $2,900. A clear downtrend line from previous highs suggests an overall bearish bias, but price has not yet broken out of the range. Possible Scenarios: 1. Bullish...
These zones are the " pointing fingers " towards price path and direction!
Spotted this range zone ETH. A downward movement towards the nearest support is more likely to be the outcome here.
I'm paying close attention to price in this zone 1.24715 - 1.24533!
Price and candlestick reaction will determine the direction of price for ETHUSD. Analysis on ETH/USD 4H Demand Zone (Long Position): - Wait for the price to enter the 4H demand zone (around $3,242-$3,260). Look for bullish confirmation (e.g., bullish engulfing, hammer candlestick, or a reversal pattern) in the lower timeframes (15m or 30m) within this zone. -...