ScalpVsSwing

🔍 4H Chart Analysis (Mid-Term)

• Trend: Weak sideways recovery is in progress
• Price: Still trading below the 50 EMA
• MACD: Has given a positive crossover, but it’s not fully confirmed yet
• RSI: Around 50 – showing no strong bullish or bearish momentum
• Support: $2435
• Resistance: $2553 (Bollinger Middle Band)

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📈 4H Conclusion:

ETH is currently in a neutral to slightly bullish zone.
If the price breaks above $2550 with good volume, we can expect a confirmed long opportunity.

✅ Suggestion: Wait for a breakout to go LONG
OR, if price gets rejected below $2550, consider SHORT scalping.

🟩 LONG Setup (after breakout above $2555):

Entry: $2555+

• Take Profit 1 (TP1): $2580
• Take Profit 2 (TP2): $2620
• Stop Loss (SL): $2535

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🟥 SHORT Setup (if rejected below $2550):

Entry: $2545–$2550

• Take Profit (TP1): $2500
• Stop Loss (SL): $2565

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📌 Final Summary:

If you’re looking for a quick scalp, the 15-minute chart favors a short position — RSI is in overbought territory and price has been rejected from resistance multiple times.

If you’re aiming for a safer swing trade, it’s better to wait for a confirmed breakout above $2555, then go long.

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#MyTradingStyle #Ethereum #CryptoAnalysis #ScalpVsSwing

$ETH