ETH tagged 50% of the down candle that took out local lows — textbook support zone for new longs.
Main risk: stops under $2,300 probably get swept before real reversal — watch for fakeout.
Holding above $2,400 keeps the bullish thesis alive, next target $2,780–2,800.
As always — manage risk, don’t get caught on the wrong side of a sweep.
Main risk: stops under $2,300 probably get swept before real reversal — watch for fakeout.
Holding above $2,400 keeps the bullish thesis alive, next target $2,780–2,800.
As always — manage risk, don’t get caught on the wrong side of a sweep.
Nota
The main risk (stop sweep) materialized. No sustained bounce from $2,300 support yet.Bullish momentum only resumes above $2,400.
Plan & Forecast:
If ETH holds above $2,104–2,150: This remains the main demand area and could provide a platform for reversal back towards $2,400 and higher.
If ETH loses $2,100: Expect deeper correction and a wider flush, reassess the bullish thesis.
Key level: A reclaim of $2,400 is needed for any bullish continuation.
Action Points:
Watch for a fakeout and reclaim above $2,300/$2,400 to get long.
Avoid catching the knife while price is under main support; let confirmation lead.
Tighten risk and avoid overexposure while ETH is under pressure.
Summary:
ETH followed the risk scenario, with a stop sweep below $2,300. Now price sits at a critical support zone. Only reclaiming lost levels will restore bullish bias. Until then, stay defensive and ready for a fakeout reversal.
BoaBias / Goldfinch_song
Swing trader · bar-close systematic book
800+ TRADES · WR 60% · AVG HOLD 7D · AVG PNL 7% · MAX DD -3.4%
CRYPTO · STOCKS · INDICES · METALS
📈Sharing Ideas · indicators · strategies with honest stats · Educational only NFA
Swing trader · bar-close systematic book
800+ TRADES · WR 60% · AVG HOLD 7D · AVG PNL 7% · MAX DD -3.4%
CRYPTO · STOCKS · INDICES · METALS
📈Sharing Ideas · indicators · strategies with honest stats · Educational only NFA
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
BoaBias / Goldfinch_song
Swing trader · bar-close systematic book
800+ TRADES · WR 60% · AVG HOLD 7D · AVG PNL 7% · MAX DD -3.4%
CRYPTO · STOCKS · INDICES · METALS
📈Sharing Ideas · indicators · strategies with honest stats · Educational only NFA
Swing trader · bar-close systematic book
800+ TRADES · WR 60% · AVG HOLD 7D · AVG PNL 7% · MAX DD -3.4%
CRYPTO · STOCKS · INDICES · METALS
📈Sharing Ideas · indicators · strategies with honest stats · Educational only NFA
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.