$ETH #ETH
Based on the 4-hour ETH/USDT chart you provided, here's a technical analysis and future signal forecast:
🔍 Current Market Overview:
Current Price: $2,782.41
Trend: Strong uptrend (last few candles show solid bullish momentum).
Key Moving Averages:
MA(7): 2,640.75 (yellow)
MA(25): 2,542.16 (pink)
MA(99): 2,571.52 (purple)
📈 Bullish Signals:
Golden Cross: MA(7) > MA(25) > MA(99), a clear bullish alignment.
Breakout: Price broke above previous resistance (~$2,788). If it holds above this level, it signals continuation.
High Volume Breakout: Volume spike suggests strong buyer interest.
Clean Higher Lows: Market structure supports upward trend.
🧭 Short-Term Future Signals (Next 1–3 Days):
Bullish Scenario (70% Probability):
✅ Entry: Buy on pullback near $2,750–$2,770
🎯 Target 1: $2,880
🎯 Target 2: $2,950
🔒 Stop Loss: Below $2,720
Bearish Reversal Risk (30% Probability):
If price falls below $2,700 with volume, expect a correction.
⚠️ Bearish Target: $2,610 (MA(99) support)
🔄 Key Support/Resistance Levels:
Level TypePrice (USDT)Resistance2,788 (broken) → 2,880 (next)Support2,720 → 2,611 → 2,540
🧠 Suggested Strategy:
Trend-Following: Buy dips while price stays above MA(25).
Trail Your Stop: Lock profits as ETH moves above $2,800.
Avoid Overleveraging: Volatility might increase above key resistance zones.
Would you like me to provide alerts or a script for this setup in TradingView (Pine Script) or Excel?