Ethereum (ETH/USD) on the 2-hour timeframe, here's the analysis and target level:
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🟦 Chart Observations:
ETH is in a rising channel.
Price is respecting Ichimoku Cloud support.
A bullish breakout pattern is forming (consolidation above the cloud).
My clearly marked "TARGET 3300" at the top.
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🎯 Target Level:
Primary Target: $3,300
This is the next major resistance and aligns with the top of the projected ascending channel.
Confirmed by your chart annotation.
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📍 Current Price:
$2,964.3 (Sell) / $2,964.5 (Buy) — as shown in the screenshot.
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📈 Strategy Suggestion:
Entry: On break above local consolidation / wedge (~$2,980–3,000).
Target: $3,300
Stop-Loss: Below Ichimoku cloud or lower channel (~$2,850 or tighter).
Support Levels to watch:
$2,815 (highlighted on the chart)
$2,700 (lower channel zone)
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Would you like me to prepare a full trade plan or backtest this setup?
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🟦 Chart Observations:
ETH is in a rising channel.
Price is respecting Ichimoku Cloud support.
A bullish breakout pattern is forming (consolidation above the cloud).
My clearly marked "TARGET 3300" at the top.
---
🎯 Target Level:
Primary Target: $3,300
This is the next major resistance and aligns with the top of the projected ascending channel.
Confirmed by your chart annotation.
---
📍 Current Price:
$2,964.3 (Sell) / $2,964.5 (Buy) — as shown in the screenshot.
---
📈 Strategy Suggestion:
Entry: On break above local consolidation / wedge (~$2,980–3,000).
Target: $3,300
Stop-Loss: Below Ichimoku cloud or lower channel (~$2,850 or tighter).
Support Levels to watch:
$2,815 (highlighted on the chart)
$2,700 (lower channel zone)
---
Would you like me to prepare a full trade plan or backtest this setup?
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t.me/RSI_Trading_Point4
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold signal's with proper TP & SL for high profits opportunities..
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.
t.me/RSI_Trading_Point4
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold signal's with proper TP & SL for high profits opportunities..
Forex, gold and crypto signal's with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold signal's with proper TP & SL for high profits opportunities..
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.