Over the past six months, ETH has shifted from an April low near $1,600 to a series of higher highs and higher lows into late April. Using the 1-day, 1-hour, and 5-minute charts, we can triangulate likely short- and medium-term moves.

ETH Daily Chart

1. Daily Timeframe (Broad Context)

  • Trend: Ramped from ~$1,580 (mid-April) to ~$1,850 (Apr 27) before stalling.

  • Support Zone: $1,760–$1,780 (April swing lows & mid-Mar consolidation).

  • Resistance Zone: $1,840–$1,860 (recent daily upper‐wicks).

Implication: Daily momentum is still positive above the 20-day MA. A clean break above $1,860 targets $1,900–$1,925. If $1,780 cracks, retest of $1,720–$1,730 is likely.

ETH 1 Hour Chart

2. 1-Hour Timeframe (Intraday Structure)

  • Recent Range: $1,800–$1,830 over the past 24 h.

  • Short-term Pivot: $1,820 (neckline of a mini inverse‐head-and-shoulders).

  • Volume Profile: Noticeable spike at $1,815 on April 29, indicating bids.

  • Trendline: Up-slope from Apr 28 low ~$1,780 → Apr 29 mid ~$1,820.

Key Levels:

  • Bullish trigger: 1-hr close > $1,830 → next target $1,845–$1,860.

  • Bearish trigger: 1-hr close < $1,800 → retest $1,780, then $1,760.

3. 5-Minute Timeframe (Scalping Edge)

5 Minutes Chart for Scalping

• Micro-range: $1,820–$1,830 over the last 2 hours.

• Order‐flow clues:

  • Repeated bounces off $1,820 (3×) with shrinking wick size → buyer fatigue.

  • Upper-wick rejections at $1,830 suggest stalled rally.

Scalping Setup:

  • Long trigger: 5-min close > $1,830 on volume → scalp to $1,835–$1,840, stop $1,828.

  • Short trigger: 5-min close < $1,820 on volume → scalp to $1,815–$1,810, stop $1,822.

4. Integrated Multi-Timeframe Outlook

  1. Bullish Scenario

    • Daily holds above $1,795 (20 MA)

    • 1-hr breaks above $1,830

    • 5-min confirms with strong green candle on volume

      → Expect a run to $1,860–$1,900 zone over next 1–3 days.

  2. Bearish Scenario

    • Daily closes below $1,780

    • 1-hr closes below $1,800

    • 5-min breakdown under $1,820

      → Likely pullback into $1,760, then $1,720–$1,730.

5. Trade & Risk Management

  • Position size: risk ≤ 1 – 2% of equity.

  • Entry: staggered orders at key pivot levels ($1,820, $1,830).

  • Stops: tight (5–10 points on 5-min; 15–20 points on hourly entries).

  • Profit‐taking: partial at first target (10–15 points), rest trailed.

Next Move Prediction:

Watch the $1,820–$1,830 band for a decisive 1-hour close. A break higher flips bias bullish into the $1,860–$1,900 zone. Failure back under $1,800 risks a retest of $1,780 and lower. Traders should align scalps on the 5-min chart with this broader hourly/daily structure for optimal edge.

$ETH

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