ETH Game Plan
📊 Market Sentiment
Market sentiment remains strongly bullish as the FED is expected to deliver a 0.25% rate cut, with speculation building for a possible 0.5% cut in September. Monetary policy shifts are being driven by both inflation trends and weakening labor market data. The latest August and September job reports were soft, signaling that the economy is cooling rapidly. This environment continues to fuel expectations for a major bullish run in the weeks ahead.
📈 Technical Analysis
Price has shown strong HTF bullish momentum, recently reaching all-time highs.
Currently, ETH appears to be in an accumulation phase, gathering liquidity and energy before the next expansion higher.
📌 Game Plan
Price should run the $4200 level, which is equal lows and likely contains significant liquidity.
I will then look for a close back above $4200 with a newly formed 4H demand zone.
🎯 Setup Trigger
4H structure break following the liquidity run.
📋 Trade Management
Stoploss: 4H swing low confirming the BOS
Targets:
TP1: $4500
TP2: $4650
TP3: $5000 (All-Time Highs)
💬 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
Market sentiment remains strongly bullish as the FED is expected to deliver a 0.25% rate cut, with speculation building for a possible 0.5% cut in September. Monetary policy shifts are being driven by both inflation trends and weakening labor market data. The latest August and September job reports were soft, signaling that the economy is cooling rapidly. This environment continues to fuel expectations for a major bullish run in the weeks ahead.
📈 Technical Analysis
Price has shown strong HTF bullish momentum, recently reaching all-time highs.
Currently, ETH appears to be in an accumulation phase, gathering liquidity and energy before the next expansion higher.
📌 Game Plan
Price should run the $4200 level, which is equal lows and likely contains significant liquidity.
I will then look for a close back above $4200 with a newly formed 4H demand zone.
🎯 Setup Trigger
4H structure break following the liquidity run.
📋 Trade Management
Stoploss: 4H swing low confirming the BOS
Targets:
TP1: $4500
TP2: $4650
TP3: $5000 (All-Time Highs)
💬 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.
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.