$ETH /USD (2H) Bullish Trade Plan
Market Context:
Trend: Transition from downtrend → sideways → breakout (early uptrend)
Change of Character (CHoCH): Confirmed—shift from bearish to bullish structure
Fair Value Gap (FVG): Price filled gap partially and is holding above—suggests institutional activity
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Trade Setup Overview
Element Value
Entry Zone ~$2,475–$2,494
Stop-Loss Below $2,420 (under FVG/OBB)
Target Zone $2,850
Risk-to-Reward ~4–5:1 (depending on entry/SL)
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Technical Structure
1. Support Zone: $1,800–$1,850 (historical base)
2. Breakout Confirmation: Clean break above sideways range and OBB
3. Volume: Monitor for increasing volume on green candles for confirmation
4. FVG: Valid—price reacted to imbalance = likely continuation
5. Next Resistance: ~$2,700 interim → $2,850 swing high
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Indicators to Watch
RSI (2H): Ideally holding above 50, signaling strength
MACD: Bullish crossover above 0 line would confirm momentum
Volume: Look for accumulation near $2,475–$2,500 zone
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Execution Notes
Scale in between $2,470–$2,495
Place a conservative SL just below $2,420 (structure invalidation)
Partial TP near $2,700; full TP near $2,850
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Conclusion
ETH is showing early signs of a trend reversal on the 2H with structural breakout, institutional interest (via FVG), and bullish retest. This is a high-probability long if BTC remains above $102K and the breakout holds above $2,475.
