Ethereum continues to respect the clean horizontal 4H range between ~3350 (support) and ~3950 (resistance), with price now attempting a reclaim of the mid-range following a strong bounce from demand.
Stoch RSI is curling upward, suggesting building bullish momentum — but the real test lies in the upper supply zone, where price has failed several times before.
If price can flip mid-range into support and reclaim the highs with volume, this opens the door for potential range expansion and trend continuation.
Key points:
– Strong bounce from range support
– Mid-range reclaim attempt underway
– Watch for reaction at 3950 resistance
– Stoch RSI rising from bottom = bullish confluence
Until the top breaks cleanly, this remains a range-bound environment — so be prepared for both scenarios. Next moves will define the weekly trend.
Stoch RSI is curling upward, suggesting building bullish momentum — but the real test lies in the upper supply zone, where price has failed several times before.
If price can flip mid-range into support and reclaim the highs with volume, this opens the door for potential range expansion and trend continuation.
Key points:
– Strong bounce from range support
– Mid-range reclaim attempt underway
– Watch for reaction at 3950 resistance
– Stoch RSI rising from bottom = bullish confluence
Until the top breaks cleanly, this remains a range-bound environment — so be prepared for both scenarios. Next moves will define the weekly trend.
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Try our strategy optimizer at quanttradingpro.com
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
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.