ETH Daily Recap & Game Plan – 20.08.2025
📊 Market Sentiment
Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and increasing global risk appetite are creating favorable conditions for further upside in crypto assets.
📈 Technical Analysis
Price has been climbing in recent weeks, and we are currently in a retracement phase along with global markets (NQ and ES).
Price tapped into an untapped swing high, which is a strong zone I’m watching for reactions.
Additionally, price reached the equilibrium level of the Fibonacci (0.5), which places it in discount territory for me.
📌 Setup Trigger
The setup has already been triggered for me.
A 1H demand zone formed right after the EQ level was tested, so I entered the trade.
📋 Trade Management
Stoploss: 4035$
Targets:
TP1: 4279$
TP2: 4672$
TP3: 4888$ (ATH)
💬 Like, follow, and comment if you find this setup valuable!
⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
📊 Market Sentiment
Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and increasing global risk appetite are creating favorable conditions for further upside in crypto assets.
📈 Technical Analysis
Price has been climbing in recent weeks, and we are currently in a retracement phase along with global markets (NQ and ES).
Price tapped into an untapped swing high, which is a strong zone I’m watching for reactions.
Additionally, price reached the equilibrium level of the Fibonacci (0.5), which places it in discount territory for me.
📌 Setup Trigger
The setup has already been triggered for me.
A 1H demand zone formed right after the EQ level was tested, so I entered the trade.
📋 Trade Management
Stoploss: 4035$
Targets:
TP1: 4279$
TP2: 4672$
TP3: 4888$ (ATH)
💬 Like, follow, and comment if you find this setup valuable!
⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
Trade active
First target is hitTrade closed: target reached
Target 2 hit Note
All targets have been hit.
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.
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.