Ethereum is currently trading within a falling channel on the 4H timeframe, showing short-term bearish pressure.
Price is approaching the support zone around the $4,000–$4,100 area, which also aligns with the lower boundary of the channel.
As long as this zone holds, it could act as a springboard for bullish momentum, offering a potential long setup.
A breakout from the channel would further confirm buyer strength and open the way toward the resistance zone near $4,800–$4,900.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Price is approaching the support zone around the $4,000–$4,100 area, which also aligns with the lower boundary of the channel.
As long as this zone holds, it could act as a springboard for bullish momentum, offering a potential long setup.
A breakout from the channel would further confirm buyer strength and open the way toward the resistance zone near $4,800–$4,900.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
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📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。