Ethereum (ETH) – The Calm Before the Surge 🚀
💰 Price Now: ~$3,960
🕯 Candles Behavior
Last 5–7 Daily Candles: Tight, small-bodied green and red candles stacked sideways above the 50-day EMA — a sign that sellers are exhausted and buyers are quietly absorbing supply.
Long Lower Wicks: Several recent candles show long tails underneath — buyers are stepping in aggressively on every dip, refusing to let price stay low.
Bull Flag Shape: The last impulsive rally up was followed by a gentle downward sloping flag of smaller candles — this pattern historically resolves upward.
Volume Drop During Flag: Volume is fading during consolidation, which is exactly what you want before a breakout — the “quiet loading” phase.
🔥 Why It’s Brewing
This combination of flag consolidation + wick buying pressure + EMA support is a textbook recipe for a breakout. All ETH needs is one high-volume green candle to launch toward $4,200–$4,300.
🎯 Trade Plan
Entry: $3,950–$4,000 (after daily close above resistance)
Stop: $3,850
Targets: $4,200 / $4,300+
Tip: Watch for a candle with big body + high volume — that’s usually the breakout trigger.