Ethereum (ETH) as of April 29, 2025, trading plan considering key levels, strategies, and risks:
Current situation and levels
- ETH price: $1,796.95 (24-hour range: $1,742–$1,828).
- Key levels:
- Support: $1,760–$1,780 (strong zone on the daily chart + EMA30), $1,685 (deep correction).
- Resistance: $1,810–$1,828 (EMA10, previous highs), $1,850–$1,880 (target levels upon breakout).
Trading strategies
1. Buying on upward breakout:
- Entry conditions: Closing price above $1,810 (with confirmation of volume increase).
- Targets: $1,828 → $1,850 → $1,880.
- Stop-loss: Dynamic below $1,790 (EMA30) or hard at $1,750.
2. Buying on the bounce from support:
- Entry conditions: Correction to $1,760–$1,780 + RSI signals <30 or divergences.
- Targets: $1,800–$1,810 (partial profit fixation), then $1,828.
- Stop-loss: $1,750 (risk ≤ 3% of capital).
3. Short positions at resistance:
- Entry conditions: Pullback to $1,820–$1,828 + signs of pressure (long upper shadows, KDJ crossover).
- Targets: $1,790–$1,800 (EMA10), upon breakout — $1,760.
- Stop-loss: $1,835 (protection against false breakout).
Risk management
- Position volume: No more than 50% of capital, leverage ≤3x.
- Critical levels:
- If it falls below $1,750 or loses BTC level of $93,000 — exit the market.
- Maximum pain for options: $1,800 (liquidation risk below $1,760).
Additional signals
- Indicators:
- RSI: Bounce from the trend line on RSI — signal for growth.
- Volume: Increase in volume upon breakout of $1,828 confirms trend strength.
- Fundamental drivers:
- Inflow of funds into ETH-ETF ($157 million per week) and accumulation by "whales" indicate bullish potential.
- Preparation for the Fusaka hard fork (September–October 2025) may support long-term upside.
Final recommendations
- Main scenario: Range $1,760–$1,828 with priority for upward breakout upon volume confirmation.
- Alternative: Correction to $1,685 (support test) followed by growth to $2,085.
- Important: Maintain stop-loss discipline, avoid emotional decisions.
For operational adjustments to the plan, follow news from the Ethereum Foundation and macroeconomic data.
Analytics is not an investment recommendation.
