#SwingTradingStrategy $ETH
๐ 1-Hour (1H) Chart โ Short-term swing setup
Trend: Slightly bearish; price below EMA10 & EMA20
MACD: Weak, below the signal line
RSI/Stoch: Neutral to slightly oversold
Candle Pattern: Watch for bullish hammer or engulfing near $2,500 support
โ Quick entry possible if strong reversal signals appear
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๐ธ 4-Hour (4H) Chart โ Mid-term swing watch
Trend: Neutral to bearish; EMAs sloping down
MACD: Positive but weak
RSI/Stoch: Neutral; nearing overbought zone
Candle Pattern: Harami and doji suggest possible reversal
โ Wait for a breakout above EMA20/50 with volume for mid-swing confirmation
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๐ถ 1-Day (1D) Chart โ Big picture trend
Trend: Sideways to bullish; price just below the 200-day MA (major resistance)
MACD: Slightly positive
RSI/CCI: Neutral (~49 and โ50)
Candle Pattern: Long wicks indicate market indecision
โ Stronger swing setup if daily close breaks above $2,550โ2,600 (MA200)
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๐ฏ Swing Trade Summary
Potential entry zone: $2,500โ2,530 (1H & 4H); $2,550+ (daily for stronger confirmation)
Target: $2,580โ2,700
Stop loss: Just below key support/EMA levels
๐ Look for confluence: bullish candles + MACD crossover + rising volume