Hey there! If you're staring at the ETH/USDT chart and wondering what’s next, you’re not alone. This chart has a story to tell — and it’s talking loud. Let’s walk through it, one candlestick at a time.
📉 The Fall from Glory
Remember when ETH touched $4107.80? That felt like the golden era. But what followed was a sharp tumble, hitting a low of $1385.05. It’s been rough, I know — but that's the crypto rollercoaster for you.
📊 The Current Scene: Is the Trend Reversing?
We’re now hovering around $1812.80, and interestingly, ETH is just above the average level (AVL) of $1799.93. That’s crucial. Staying above this could spark bullish interest — but dropping below might drag us back to $1500 territory.
💥 Trade Signal: Caution with a Side of Opportunity
📌 Entry Signal: If ETH closes a strong weekly candle above $1850, it might be your green light to go long.
📌 Stop Loss: Keep it tight near $1750.
📌 Target Zone: Short-term $2100, medium-term $2450+.
This is a bounce zone, but don’t FOMO — wait for confirmation!
🔁 What History Is Telling You and Me
Zoom out and you’ll see ETH bouncing every time it dips near $1400–$1500. So we’re either building a strong double bottom or heading into a longer consolidation phase. This zone could be your golden chance — if timed right.
🧠 So, What Should We Be Doing?
If you're a risk-taker, wait for a break above $1850 and ride the momentum. If you're cautious, sit back and watch the market structure develop a little more. No need to rush — this setup will either confirm or collapse soon.
🔚 Conclusion: Patience is Your Power Move
Ethereum is giving us signs — you just need to listen closely. Whether you're in for a short-term trade or a long-term hold, this is the moment to plan smartly. Watch the levels, trust your process, and never chase blindly.
⚠️ Disclaimer:
This content is for educational and informational purposes only. I’m not a financial advisor, and nothing here should be considered investment advice. Always do your own research (DYOR) and trade responsibly.