🟢 ETHUSD – Bullish Setup at 4280 Long Opportunity
Ethereum is showing strong bullish momentum, bouncing off key demand near 4280, with buyers stepping in aggressively. Price action confirms support holding, and technical indicators suggest continuation toward higher resistance zones.
🔹 Trade Idea: BUY ETHUSD @ 4280
- Entry: 4280
- Stop Loss: 4215 (below recent demand zone)
- Take Profit: 4450 / 4600
- Risk/Reward: ~2:1
📊 Technical Confluence:
- Bullish structure intact above 4267 support
- MACD crossover and RSI trending upward
- Price respecting ascending trendline
- Volume spike confirming buyer interest
💬 Narrative:
ETH continues to consolidate within a rising channel, with institutional interest and positive sentiment driving upside. A clean break above 4450 could open the path to 4600 and beyond.
Ethereum is showing strong bullish momentum, bouncing off key demand near 4280, with buyers stepping in aggressively. Price action confirms support holding, and technical indicators suggest continuation toward higher resistance zones.
🔹 Trade Idea: BUY ETHUSD @ 4280
- Entry: 4280
- Stop Loss: 4215 (below recent demand zone)
- Take Profit: 4450 / 4600
- Risk/Reward: ~2:1
📊 Technical Confluence:
- Bullish structure intact above 4267 support
- MACD crossover and RSI trending upward
- Price respecting ascending trendline
- Volume spike confirming buyer interest
💬 Narrative:
ETH continues to consolidate within a rising channel, with institutional interest and positive sentiment driving upside. A clean break above 4450 could open the path to 4600 and beyond.
Trade active
move stop loss to break even if taken the tradeTrade closed: target reached
closed all good day Note
if you are visiting check out my latest signal alsoNote
still a good trade to enter in
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.