The chart shows **Ethereum (ETH/USD) on the 1-hour timeframe** forming a **rising wedge / converging triangle structure**. Price is approaching the upper trendline around **$1,925–$1,930**, where a rejection could initiate a bearish breakdown.
### 🎯 Key Levels
* **Resistance:** $1,925–$1,930
* **Current price:** ~ $1,919
* **TP1:** **$1,893.51**
* **TP2:** **$1,858.10**
### 📉 Bearish Setup
A rejection from the upper trendline followed by a break below the rising support trendline would strengthen the bearish scenario.
**Target 1 → $1,893.51**
**Target 2 → $1,858.10**
The chart projects an initial decline toward **$1,893.51**, followed by a deeper move toward **$1,858.10** if selling momentum continues.
### Suggested Chart Title
**“ETH/USD 1H — Rising Wedge Breakdown | TP1 $1,893.51 & TP2 $1,858.10”**
**Bias:** 🔴 Bearish below **$1,930**, with downside targets at **$1,893.51 → $1,858.10**.
### 🎯 Key Levels
* **Resistance:** $1,925–$1,930
* **Current price:** ~ $1,919
* **TP1:** **$1,893.51**
* **TP2:** **$1,858.10**
### 📉 Bearish Setup
A rejection from the upper trendline followed by a break below the rising support trendline would strengthen the bearish scenario.
**Target 1 → $1,893.51**
**Target 2 → $1,858.10**
The chart projects an initial decline toward **$1,893.51**, followed by a deeper move toward **$1,858.10** if selling momentum continues.
### Suggested Chart Title
**“ETH/USD 1H — Rising Wedge Breakdown | TP1 $1,893.51 & TP2 $1,858.10”**
**Bias:** 🔴 Bearish below **$1,930**, with downside targets at **$1,893.51 → $1,858.10**.
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t.me/+iZwBzq15KTM1Mzc0
join telegram for free signal on gold and different markets
t.me/+iZwBzq15KTM1Mzc0
join free telegram channel
join telegram for free signal on gold and different markets
t.me/+iZwBzq15KTM1Mzc0
join free telegram channel
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.