ETH/USDT (4H) – Chart Update
Structure: Bullish bias holding
Price Action: ETH has broken above the descending trendline
Ichimoku: Price trading above the cloud → momentum remains positive
Ethereum has reclaimed the trendline resistance, which is now acting as support. The pullback looks controlled and healthy, suggesting continuation rather than rejection.
Holding above 3,200–3,250 keeps the bullish scenario active
A sustained move can push ETH toward 3,450 → 3,650 → 3,800 zones.
A breakdown below 3,150 may trigger a deeper retest toward 3,000 support.
Market structure favors upside continuation. Wait for confirmation and manage risk wisely.
Structure: Bullish bias holding
Price Action: ETH has broken above the descending trendline
Ichimoku: Price trading above the cloud → momentum remains positive
Ethereum has reclaimed the trendline resistance, which is now acting as support. The pullback looks controlled and healthy, suggesting continuation rather than rejection.
Holding above 3,200–3,250 keeps the bullish scenario active
A sustained move can push ETH toward 3,450 → 3,650 → 3,800 zones.
A breakdown below 3,150 may trigger a deeper retest toward 3,000 support.
Market structure favors upside continuation. Wait for confirmation and manage risk wisely.
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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.
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.