🚀 $ETH /USDT – BREAKING OUT OF THE CLOUD, NEW BUY SIGNAL FORMED
📌 Proposed order (1H frame):
• Entry: 2.595 – 2.600 (pullback to the Tenkan line)
• Take Profit (TP): 2.660
• Stop Loss (STL): 2.560
🧠 Explanation:
ETH has just escaped the prolonged accumulation zone, with a strong breakout from the Ichimoku cloud, confirming a short-term uptrend. The large volume compression (708K) and strong positive Delta (111.401K) indicate that buyers have gained the upper hand after multiple tests of the bottom. The price is currently retesting the thin cloud + Tenkan (near support) – this is a potential entry point if a confirming candle appears. MACD has clearly crossed up, and the green histogram maintains that the upward momentum is still strong.
Good scenario: Wait for the price to test the 2.595–2.600 area holding firm, combining with a confirming candle to enter a buy order following the uptrend. If it breaks below 2.560, the setup becomes invalid.
