📊 Technical Analysis:
Ethereum is moving in an upward channel on the 4H timeframe, with a key support zone at $2,015 - $2,040. Currently, the price is testing the EMA 33, indicating a potential bounce if this zone holds.
🎯 Trade Setup:
Entry Zone: $2,000 - $2,010
Take Profit (TP1): $2,150 (+6.7%)
Take Profit (TP2): $2,253 (+11.8%)
Stop Loss (SL): $1,963 (-2.6%)
Risk-to-Reward Ratio: 2.6 (TP1) and 6. (TP2)
📌 Reasons to Buy:
✅ Price retracing to a strong support level + EMA 33.
✅ Uptrend remains intact with higher lows.
✅ Attractive R:R ratio – low risk compared to potential reward.
✅ Improved market liquidity signals a return of buying momentum.
📢 Risk Management:
💰 Maximum risk per trade: 1-2% of total capital.
🚀 Don’t miss this opportunity!
📌 Follow me now for more high-quality trade ideas and insights!
Ethereum is moving in an upward channel on the 4H timeframe, with a key support zone at $2,015 - $2,040. Currently, the price is testing the EMA 33, indicating a potential bounce if this zone holds.
🎯 Trade Setup:
Entry Zone: $2,000 - $2,010
Take Profit (TP1): $2,150 (+6.7%)
Take Profit (TP2): $2,253 (+11.8%)
Stop Loss (SL): $1,963 (-2.6%)
Risk-to-Reward Ratio: 2.6 (TP1) and 6. (TP2)
📌 Reasons to Buy:
✅ Price retracing to a strong support level + EMA 33.
✅ Uptrend remains intact with higher lows.
✅ Attractive R:R ratio – low risk compared to potential reward.
✅ Improved market liquidity signals a return of buying momentum.
📢 Risk Management:
💰 Maximum risk per trade: 1-2% of total capital.
🚀 Don’t miss this opportunity!
📌 Follow me now for more high-quality trade ideas and insights!
Related publications
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.
Related publications
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.