ETHEREUM VSA ALERT: STRONG BUY SIGNAL JUST FIRED!
The ETH market just lit up with a classic Volume Spread Analysis (VSA) Strong Buy signal on the 15-min chart! Here's what we're seeing:
š» Prolonged Downtrend: Price was sliding steadily within a descending trendline ā consistent lower highs and lower lows.
š“ Climactic Volume Spike: A powerful volume surge (circled) hit the market right as price touched the demand zone ā textbook professional accumulation.
š Bullish Reversal Confirmed: Price just broke the trendline with a decisive move ā confirming the potential start of a new leg up.
š¼ Smart Money Involved: The size and timing of the volume spike suggest institutional footprints.
š Forecast Target: $2,818
š Stop-loss Zone: Below $2,710
šÆ Entry Zone: Around $2,740 (already active!)
This setup has the makings of a clean reversal rally. If bulls hold this momentum, this could be the springboard move before ETH pushes higher and retests key resistance levels.
ā ļø REMEMBER: Volume tells the truth. Follow the whales ā donāt fight them.
Not financial advice. Always DYOR. I will not be responsible for any of your losses.
#ETH #Ethereum #Crypto #TradingSignal #VSATrading #CryptoForecast