🔍 4H Chart Analysis - ETHUSDT
🔸 Trend and Indicators:
Trend: After a recent strong decline, ETH shows an attempt at reversal.
Ichimoku: The price is trying to break through the cloud, indicating a possible trend change.
Bollinger Bands: Price approaching the upper band → a signal of buying strength in the short term, but also suggests possible overbought conditions.
Stoch RSI: In overbought zone (100), crossing down → alert for correction.
MACD: Recent bullish crossover, with increasing positive histogram → consistent buying momentum.
🔸 VPVR (Volume by Price):
Strong resistance in the $3733 to $3776 range, where there is a large concentration of volume.
Above that, more relevant resistance at $3981 and previous high at $4207.
🔍 1H Chart Analysis - ETHUSDT
🔸 Trend and Indicators:
Trend: Short-term uptrend, within a recovery movement.
Ichimoku: The price broke the cloud and is with Tenkan > Kijun, reinforcing a bullish bias intraday.
Stoch RSI: Also in overbought (93), potentially signaling exhaustion.
MACD: Strong bullish crossover, with increasing green histogram → confirmation of the recovery movement.
🔸 VPVR:
Current immediate resistance is at $3746–$3781.
If broken, it could target $3981.
📌 Likely Scenario and Strategy
If it breaks strongly at $3781, it could target $3980–$4200.
If it fails to break, it may correct to the $3600–$3510 region, a support zone with VPVR.
Aggressive entries: post-breakout with volume at $3780.
Conservative entries: pullback in the $3600 region with confirmation from the indicators.
💬 Bipolar Finance Alert:
"When big players start selling where retail buys, the market breathes before deciding the next move. Protect profits and never go against volume signals!"
📈 Tip: High volume without a clear breakout at resistance may indicate a bullish trap. Stay alert to VPVR and divergences in MACD and Stoch RSI.