ETHUSDT Setup: Key Levels to Watch Right Now đđ
$ETH is printing lower highs on the shorter timeframes, putting the current $1,840 support level under intense scrutiny. Here is exactly how to trade the current setup:
đŽ The Bear Case: A breakdown and clean candle close below $1,830 will invalidate the immediate recovery structure, likely sending us down to check demand in the $1,700s.
đą The Bull Case: Look for an RSI divergence or a strong engulfing candle on the 4H chart around these current prices. The key targets for an upside swing lie at $1,880, $1,920, and eventually the key 100-SMA pivot at $2,088.
Prediction: Expect high volatility as leverage flushes out. A tight stop-loss is mandatory in this environment.
Safe trading out there! đĄïž
#ETHUSDT. #Ethereum #CryptoTrading #TechnicalAnalysis #TradingSignals #BinanceSquare Creator #AltcoinSeason
$ETH is printing lower highs on the shorter timeframes, putting the current $1,840 support level under intense scrutiny. Here is exactly how to trade the current setup:
đŽ The Bear Case: A breakdown and clean candle close below $1,830 will invalidate the immediate recovery structure, likely sending us down to check demand in the $1,700s.
đą The Bull Case: Look for an RSI divergence or a strong engulfing candle on the 4H chart around these current prices. The key targets for an upside swing lie at $1,880, $1,920, and eventually the key 100-SMA pivot at $2,088.
Prediction: Expect high volatility as leverage flushes out. A tight stop-loss is mandatory in this environment.
Safe trading out there! đĄïž
#ETHUSDT. #Ethereum #CryptoTrading #TechnicalAnalysis #TradingSignals #BinanceSquare Creator #AltcoinSeason
Bullish
59%
Bearish
41%
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