ETH/USDT Trade Entry Setup – Powered by AB GOLDEN WINGS TRADING
May 16, 2025 | 15-Min Timeframe Analysis
Chart Type: ETH/USDT (Ethereum vs Tether)
Tool Used: Fibonacci Retracement
Purpose: Short-Term Trade Entry Strategy (Scalp/Swing)
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Market Outlook:
ETH/USDT has recently bounced off the $2,475 support level and is now testing key Fibonacci retracement levels. The chart reveals strong buyer interest, especially as price attempts to hold above the 0.618 level.
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Fibonacci Levels in Focus:
0.786 (Support) – $2,540
0.618 (Current Zone) – $2,570
0.500 – $2,585
0.382 – $2,600
0.236 (Major Resistance) – $2,620
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Trade Entry Plan (Bullish Bias)
Scenario 1: Breakout Confirmation
Entry: Above $2,575 (Confirmed 15-min candle close above 0.618)
Stop Loss: Below $2,540 (Below support zone)
Target 1: $2,585
Target 2: $2,600
Target 3: $2,620
Volume Watch: Entry only if volume rises (green candles with bigger bars)
Scenario 2: Pullback & Bounce
Entry: Bounce from $2,540 zone (0.786 Fibonacci support)
Stop Loss: Below recent low $2,475
Target: Same as above
Confirmation: Look for bullish engulfing candle or hammer with volume
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Key Notes by AB GOLDEN WINGS TRADING
Risk Management: Don’t risk more than 1-2% per trade.
Confirmation First: Avoid rushing. Let the breakout confirm.
Volume = Confidence: No volume, no entry.
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Final Thoughts:
ETH is showing strength after defending the $2,475 low. If buyers sustain the 0.618 zone, this could lead to a profitable short-term move toward $2,600+. Be ready, manage your risk, and always trade the confirmation—not emotion.
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AB GOLDEN WINGS TRADING
