ETH is moving within a rising channel, but momentum is fading. Price failed to break above the midline and is now testing lower support.
A fakeout to the upside toward the $4,015–$4,050 supply zone is possible before a deeper drop. The projected path suggests a short-term bounce, final liquidity sweep, then potential reversal.
🟡 Key Resistance: $4,015
🔻 Breakdown trigger: Below $3,620
🎯 Bearish Targets: $3,250 → $3,100
Structure hints at a possible Ending Diagonal (Neowave), or a Trap-Wave E inside a Complex Correction.
⚠️ Watch for manipulation near highs – confirmation needed for short entry.
A fakeout to the upside toward the $4,015–$4,050 supply zone is possible before a deeper drop. The projected path suggests a short-term bounce, final liquidity sweep, then potential reversal.
🟡 Key Resistance: $4,015
🔻 Breakdown trigger: Below $3,620
🎯 Bearish Targets: $3,250 → $3,100
Structure hints at a possible Ending Diagonal (Neowave), or a Trap-Wave E inside a Complex Correction.
⚠️ Watch for manipulation near highs – confirmation needed for short entry.
📊 CryptoPilot – Advanced Technical Analysis for BTC & Altcoins
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
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🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
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.
📊 CryptoPilot – Advanced Technical Analysis for BTC & Altcoins
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
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.