After a major CHoCH (Change of Character) on the 4H timeframe, Ethereum has shown a strong bullish move from a high-probability demand zone and is now retesting a critical resistance area aligned with the Left Shoulder of a classic RTM pattern.
⸻
🔍 Key Technical Elements:
• CHoCH confirms the shift from a distribution phase to accumulation.
• Strong reaction from a demand zone near $3,340–$3,380.
• Price is now testing the Left Shoulder, which often acts as a reaction zone before continuation.
⸻
📌 Potential Scenarios:
🔼 Bullish Case (Primary):
If ETH breaks and closes above $3,870, a move toward the next liquidity pool around $4,010–$4,050 is likely.
🔽 Bearish Case (Alternative):
Failure to hold above the current resistance may lead to a pullback toward the $3,340–$3,380 demand zone for another accumulation attempt.
⸻
💡 Educational Note:
In RTM methodology, retests of the Left Shoulder after CHoCH are considered one of the most efficient entry zones — especially when confluence with liquidity voids or imbalance exists.
Follow for more Smart Money & RTM insights.
⸻
🔍 Key Technical Elements:
• CHoCH confirms the shift from a distribution phase to accumulation.
• Strong reaction from a demand zone near $3,340–$3,380.
• Price is now testing the Left Shoulder, which often acts as a reaction zone before continuation.
⸻
📌 Potential Scenarios:
🔼 Bullish Case (Primary):
If ETH breaks and closes above $3,870, a move toward the next liquidity pool around $4,010–$4,050 is likely.
🔽 Bearish Case (Alternative):
Failure to hold above the current resistance may lead to a pullback toward the $3,340–$3,380 demand zone for another accumulation attempt.
⸻
💡 Educational Note:
In RTM methodology, retests of the Left Shoulder after CHoCH are considered one of the most efficient entry zones — especially when confluence with liquidity voids or imbalance exists.
Follow for more Smart Money & RTM insights.
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🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
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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.
📊 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
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.