Current Status (August 20, 2025, 1H Chart) Eth
Price: 4,310.40 USD (1-hour close)
Day High: 4,327.60 USD
Day Low: 4,253.65 USD
Change: +1.32% (large positive candle)
1. Trend and Momentum Indicator wise:
Almost all signals are bullish:
Mid-term moving averages (EMA/WMA) are pointing upwards.
Trend line breakouts and labels like “BUY”/“SCALP BUY” may appear.
Volume is also supporting – “High” or “Above Avg” on the dashboard.
RSI will also be above 50 – a sign of continued strength in the trend.
2. Next targets (Fibonacci Extensions)
Potential targets estimated from Fibonacci levels:
1.618 Extension: First resistance/target (approx. zone above current price)
2.0 Extension: Second target
2.618 Extension: Last/aggressive target
These levels are drawn automatically by Cnagda Indicator, and based on them price may pause, or reverse with weak volume.
3. Where can reversal happen?
Reversal Zone:
If RSI moves near or above 70 and price touches Fibonacci 1.618 or 2.0 extension – short term top or reversal is expected there.
If dynamic labels “SCALP SELL”, “SELL”, or “Breakout (red/orange)” are shown, it will be a reversal area.
If the "Signal" line in the dashboard becomes "Strong Sell" or "Sell" – the possibility of reversal increases a lot.
4. Entry-Exit Trading Plan
Entry (Long):
Entry Trigger:
When "BUY", "SCALP BUY" or "Breakout" (lime/green label) appears, and price volume and RSI give confirmation.
Stoploss:
Slightly below previous swing-low (dashboard or Fibonacci low zone)
Target (Long):
Primary target: 1.618 Fibonacci Extension (from Fib Levels line)
If strength continues: 2.0 or 2.618 Extension (hold position from trailing SL)
Partial Exit: "Liq. UP" from dashboard table
Reversal/Short Entry:
If “SELL” or “SCALP SELL”/Breakout is shown at the higher level and dashboard is "Sell/Strong Sell" – go short.
Plan short only if volume is falling, RSI is 70+ (overbought).
Target: Fibonacci 1.0, 0.618, or "Liq. DOWN".
Takeaway for Readers:
"Ethereum is currently bullish in trend and there is a high chance that it will touch the next Fibonacci extension levels (1.618/2.0/2.618) -
But as soon as the reversal label appears in the overbought zone or with strong volume, profit booking will be justified.
The perfect trading plan is:
Take trades according to the trend and the direction of the Cnagda Indicator.
Entry only on your signal, and target on the Fib level.
Take reversals only on clear confirmation of the table and signal."
Author Note:
This article is completely based on the Pine Script indicator which is as advanced as "Cnagda Trading Tools" - do not rely on anything other than real-time algorithmic signals...