💀 Hey , how's it going ? Come over here — Satoshi got something for you!
⏰ We’re analyzing BTC on the 1-Hour timeframe.
🔭 On the 1H timeframe for Ethereum (ETH), price rejected strongly from the 4336$ resistance and started moving lower. ETH is now trading close to its support zone at 4286$, having recently broken out of a consolidation range.
⛏ On the RSI, the key levels are 70 and 37. A move beyond these zones could trigger momentum toward either overbought or oversold conditions. Keep in mind that volatility is still closely tied to macroeconomic news.
💰 Candle structure shows increasing red candle size and volume, signaling stronger selling pressure. With ETH being heavily involved in both futures contracts and DeFi markets, much of this move reflects profit-taking and sell pressure at higher levels.
🪙 Looking at the ETHBTC pair on the 1H, the chart shows a steady downtrend within a compression zone. If ETH loses its current support, the pair could extend further down. The volatility index for this pair is sitting at 45.52, below the 50 zone, and with short positions picking up, ETH could face additional sell pressure.
💡 The current zone ETH is trading in looks like a maker-buy area, but likely to be broken by whale candles.
For short positions : The better setup would be to wait for a whale candle break, then enter on the pullback for higher win rate.
For long positions : A clean breakout above 4336$ would allow for an order stop-buy entry or a pullback + candlestick confirmation setup to get in long.
⚠️ Note: Today looks like a high-impact day with global shifts in play—trade with reduced risk.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated.
⏰ We’re analyzing BTC on the 1-Hour timeframe.
🔭 On the 1H timeframe for Ethereum (ETH), price rejected strongly from the 4336$ resistance and started moving lower. ETH is now trading close to its support zone at 4286$, having recently broken out of a consolidation range.
⛏ On the RSI, the key levels are 70 and 37. A move beyond these zones could trigger momentum toward either overbought or oversold conditions. Keep in mind that volatility is still closely tied to macroeconomic news.
💰 Candle structure shows increasing red candle size and volume, signaling stronger selling pressure. With ETH being heavily involved in both futures contracts and DeFi markets, much of this move reflects profit-taking and sell pressure at higher levels.
💡 The current zone ETH is trading in looks like a maker-buy area, but likely to be broken by whale candles.
For short positions : The better setup would be to wait for a whale candle break, then enter on the pullback for higher win rate.
For long positions : A clean breakout above 4336$ would allow for an order stop-buy entry or a pullback + candlestick confirmation setup to get in long.
⚠️ Note: Today looks like a high-impact day with global shifts in play—trade with reduced risk.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated.
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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.
join our Telegram channel for more insightful and educational content .
t.me/satoshiframe
t.me/satoshiframe
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.