Technical analysis $ETH (1h frame)
Analysis time 21:42 (UTC+7) on April 19, 2025
Post time 21:49 (UTC+7) on April 19, 2025
1. Overview of the current trend
Currently, ETH is showing short-term recovery signals in a medium-term downtrend. The chart indicates that the price is fluctuating around the technical resistance zone EMA200 (1,604.23 USDT).
2. Detailed analysis
📉 EMA line
EMA34 (1,594.35) and EMA89 (1,594.34) are below EMA200 → indicating that the medium-term trend still leans towards decline.
However, the price has slightly surpassed EMA200, providing a temporary signal of breaking through an important resistance level, which could be an early sign of a recovery if confirmed by volume.
💹 Trading volume
Not directly visible, but when compared to the price range and candle body, there are signs of slightly increased volume at the breakout candle near EMA200 → indicating that buying pressure is showing signs of increasing.
🔁 RSI & Stochastic RSI
Stoch RSI (72.25) is near the overbought zone → warning of potential short-term reversal.
RSI(30): 53.92, RSI(50): 51.63, RSI(70): 50.77 → All three are around the neutral zone of 50 → lacking strong momentum to determine a clear trend.
💡 Price Action
Price zone 1,604.17 is testing the old peak of 1,613.00 (short-term resistance).
The most recent bullish candle has a long lower shadow and closed above EMA200 → indicating that buyers are dominating in the short term, though not clearly.
3. Possible scenarios
✅ Scenario 1: Price clearly breaks 1,613.00
Confirm a true breakout from EMA200 & resistance 1,613
Next target: 1,630 – 1,645 USDT
Strategy: Buy when the price closes above 1,615 (H1 frame), stoploss below 1,600
⚠️ Scenario 2: Price is rejected at EMA200 & drops back
If a rejection candle appears with a long upper shadow in the 1,604 – 1,613 zone
Target to drop back to the EMA89/EMA34 support zone around 1,594 – 1,596 USDT, further down to 1,577 USDT
Strategy: Sell when a bearish reversal candle appears at 1,610 – 1,613, stoploss above 1,618
4. Specific entry point suggestions
🟢 Buy order (if breakout is successful)
Entry: 1,615 USDT
Stoploss: 1,598 USDT
Take Profit: 1,630 – 1,645 USDT
🔴 Sell order (if reversal candle appears)
Entry: 1,612 – 1,613 USDT (when seeing a pin bar candle)
Stoploss: 1,618 USDT
Take Profit: 1,595 – 1,577 USDT
✅ Conclusion
ETH/USDT is at a decisive zone. If buyers continue to hold momentum and push the price decisively above 1,615, we could see a short-term recovery surge. However, if a reversal candle appears in the 1,610 – 1,613 zone, it is likely that ETH will return to test the lower support zone. It is necessary to observe price behavior around EMA200 to clearly determine the next direction.
Thank you:
Thank you for taking the time to read and follow the technical analysis of ETH/USDT. Your interest in each indicator, price zone, and market scenario is a testament to your seriousness in your investment journey. I greatly appreciate that trust and hope that the analyses above not only help you clarify the current trend but also support you in making reasonable and safer trading decisions.
Although the market is always volatile and nothing is absolutely certain, with thorough analytical thinking and good risk management, you can completely control the game your way. Once again, thank you for reading this far. I wish you always stay alert in every decision and success on your investment journey. If you need any further assistance, I am always ready to accompany you.
Disclaimer:
This article is generated by AI and is not financial investment advice.
The cryptocurrency market is very volatile, and you should conduct thorough research before making investment decisions.
All investment decisions and risks arising from the use of information in this article are the responsibility of the reader.
Data from the article was collected at the time of analysis.
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