$ETH ETH/USDT Trade Signals (4H Chart Analysis)
š Bullish Signals (Buy Entry)
1. Higher Low Formation:
The price bounced from $2,605.44 and is now around $2,791.87, forming a higher low.
This suggests an uptrend continuation if the price stays above $2,750.
2. Moving Averages Bullish Crossover:
MA(5) is above MA(10), indicating short-term strength.
If the price stays above $2,800, a continuation towards $2,850 - $2,900 is likely.
3. Strong Volume on Upward Moves:
Volume spikes during price increases confirm strong buying interest.
Sustained volume is needed to push towards resistance at $2,831.58.
š Bearish Signals (Sell or Caution)
1. Resistance at $2,831.58:
The price recently hit $2,831.58 and pulled back.
A break above this level is crucial for further upside.
2. Weak Momentum Indicators:
If RSI or MACD (not visible) are weakening, it may signal a potential reversal.
Watch for a breakdown below $2,750 as a bearish trigger.
š Trade Setup
Buy above: $2,800 (Target: $2,850 - $2,900)
Sell below: $2,750 (Target: $2,700 - $2,650)
Stop-Loss: Below $2,720 (For long positions)
Would you like deeper analysis with RSI/MACD confirmation?
