#ETHBreaks4000
Here is your ETH 30-minute chart analysis and signals in English—
Market Condition:
The overall trend is still bullish, but the price has rejected from the 4282 resistance level.
A small retracement is underway, and the price is gradually heading towards the Pivot (4085).
Bollinger Band indicates that the price is moving from the upper band towards the midline.
Parabolic SAR is still below the price → which means the main uptrend has not been broken.
Trade Signal:
Wait for a Buy setup: Let the price drop to 4085–4100 (Pivot area).
If a bullish candle pattern is seen there, then take a Buy entry.
Buy Entry: 4090–4100
Stop Loss (SL): 4040
Take Profit (TP1): 4180
Take Profit (TP2): 4280
Reason: Entering a Buy now has higher risk as it is close to the resistance. Once the retracement ends and bounces in the Pivot area, the risk/reward will be better.
