📢 $ETH – Trading Setup (1H): signal for entry is active!
We observe a strong buy signal #Ethereum in the futures market.
The analysis is based on classic technical analysis tools: candlestick pattern, confirmation from Fibonacci, RSI, SMA, Ichimoku, and Bollinger Bands.
All of them indicate a high probability of a new upward impulse starting.
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✅ Trading Plan:
• 📍Entry: Buy NOW or at the price of $3600
• 🛡 Stop-loss: $3474 (below the breakout level and support at Fibo 0.618)
• 🎯 Targets:
• TP1: $4040 (first important resistance)
• TP2: $4264 (Fibonacci extension)
• TP3: $4670 (technical target at the upper boundary of the channel)
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🧠 Justification for the signal:
• RSI is recovering from the neutral zone, rising towards 60
• SMA 50 and 200 are forming a bullish crossover
• Ichimoku: price is above the cloud, confirming an upward trend
• Bollinger Bands are narrowing — likely to exit consolidation
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⚠️ Risk Warning:
Trading cryptocurrencies and derivatives involves risks.
Ensure you are using adequate capital management and not going in with full leverage.
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