💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing ETH on the 1-hour timeframe timeframe .
🔭 On the 1H timeframe of Ethereum, we can see that ETH has had a solid upward move and is now facing resistance at $4416. If this level breaks, price could move toward the next resistance at $4481. A early trigger for a long position is right at the current level, which I’ve already used to open a trade. I’ve also set a low-risk order around $4481, which is the top of ETH’s box structure on the multi-timeframe view.
⛏ The key RSI zones for ETH are around 50 and 70. Breaking out of these levels could trigger a strong leg. With news coming, volatility is expected to increase sharply. ETH is currently trading below 70 but above 50, which suggests long setups have more momentum.
📊 The size and volume of ETH’s green candles are increasing, showing clear buying strength. If today’s NFP news comes out positive, ETH could make a very strong upward leg.
💸 On the 1H ETHBTC chart, the pair is inside a descending channel, and within this channel, it has formed a tight box-like consolidation. The box top is at 0.03999, while the bottom sits at 0.0387. With higher volume and volatility, ETHBTC could break out, leading to either a pump or a dump in Ethereum.
💡 The alarm zones for Ethereum are set at $4416 and $4481. Breaking and holding above these levels can provide strong trading opportunities. Personally, I’ve already opened a position on the $4416 breakout, and I plan to add more size if the $4481 zone is taken out. The NFP release could bring momentum similar to last time, with sharp and powerful moves.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
⏰ We’re analyzing ETH on the 1-hour timeframe timeframe .
🔭 On the 1H timeframe of Ethereum, we can see that ETH has had a solid upward move and is now facing resistance at $4416. If this level breaks, price could move toward the next resistance at $4481. A early trigger for a long position is right at the current level, which I’ve already used to open a trade. I’ve also set a low-risk order around $4481, which is the top of ETH’s box structure on the multi-timeframe view.
⛏ The key RSI zones for ETH are around 50 and 70. Breaking out of these levels could trigger a strong leg. With news coming, volatility is expected to increase sharply. ETH is currently trading below 70 but above 50, which suggests long setups have more momentum.
📊 The size and volume of ETH’s green candles are increasing, showing clear buying strength. If today’s NFP news comes out positive, ETH could make a very strong upward leg.
💡 The alarm zones for Ethereum are set at $4416 and $4481. Breaking and holding above these levels can provide strong trading opportunities. Personally, I’ve already opened a position on the $4416 breakout, and I plan to add more size if the $4481 zone is taken out. The NFP release could bring momentum similar to last time, with sharp and powerful moves.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
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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.