$ETH Ethereum is going to $4000 with now Stop moments š
š§ Quick Market Overview:
Trend (All Timeframes): Bullish
Price: ~$3,812ā$3,816
Recent High: $3,837 (acting as current resistance)
Volume: Healthy but showing slight drop on smaller timeframes
Momentum: Strong over 30ā90 days, cooling slightly in the intraday
ā Trade Setup: Short-Term Long (Momentum Continuation)
Entry:$ETH
Ideal Entry Zone: $3,790ā$3,800 (minor pullback to MA(7) on 15m or hourly support)
Confirmation: Green candle close above $3,800 on 15m chart with good volume
Stop Loss:
Conservative: $3,760 (below 99 MA on 15m & local support)
Aggressive: $3,784 (below 25 MA on 15m)
Targets:
1. TP1: $3,837 (recent high ā partial take profit or trail)
2. TP2: $3,860ā$3,900 (potential breakout if $3,837 is cleared)
ā ļø Alternate Setup: Breakout Trade$ETH
If ETH closes above $3,837 on high volume:
Buy Breakout Entry: $3,845+
Stop Loss: $3,800
Target: $3,900 / $3,950 / $4,000 (psychological & fib levels)
š Risk-Reward Estimate (Entry ~$3,800):
SL: $3,760 ā Risk: ~$40
TP1: $3,837 ā Reward: ~$37
TP2: $3,900 ā Reward: ~$100
R:R: 1:1 to 2.5:1 (depending on target)
š§© Notes:
ETH is in a strong uptrend, but resistance at $3,837 is holding on all timeframes.
Watch for bearish divergence or rejection on lower timeframes.
Wait for pullback or strong breakout confirmation before entry.
Adjust size based on volatility and risk tolerance.
#ETHBreaks3700 #ETHBreaks3700 #ETHBreaks3800 #Write2Earn #BTC
