abcdpattern

$ETH

#Ethereum (ETH) is showing strong bullish momentum on the 4H timeframe and is currently developing a classic AB=CD harmonic pattern, which often precedes a continuation of trend.

✅ Key Observations:

#ETH is holding within a solid uptrend structure

No signs of bearish divergence or reversal patterns yet

Momentum remains healthy, with buyers in control

🔍 What to Watch For:
We are closely watching the previous Higher High (HH) — currently acting as a key resistance level. A 4H candle close above this level will serve as confirmation for the continuation of the bullish trend.

📈 Trading Plan:
Once ETH breaks above the resistance and confirms with a close, we’ll look to enter a long position with proper risk management and stop-loss placement below recent structure.

💬 What’s your bias on ETH in the short term? Are you already long, or waiting for the breakout too?

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#CryptoTrading #ABCDPattern #TechnicalAnalysis