Guys ...We are on the verge of a massive #bullrun ..just have patience for few more days avoid #leverage trades for now ..... since 10th December 24 alts are just dropping hard and we are in huge losses, we are in the final shakeout phase 𤯠.. reversal will be epic #alts gonna pump very hard .. and we deserve it.
Scenario #BTC 120-130k$ #ETH 7-10k$ #altcoins lts 20-50x Just be in the game šÆ
š ETH Trade Watch: When in Doubt, Zoom Out! š
$ETH
Hey Binance Square Family! š Ready to sharpen your trading lens? Hereās a fresh take on ETHUSDTāzoom out, simplify, and capture the bigger picture. Letās dive in!
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š Big Picture Trend: Upward Channel Intact
ETH is currently trading within a broad ascending channel, finding support around 2600ā2675 USDT and resistance near 2940 USDT .
A breakout above the upper channel edge could propel ETH toward 3300 USDT, the next potential target flagged by a bullish continuation setup .
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š Key Indicators & Levels to Watch
Moving Averages (MA 7 /āÆ25 /āÆ99): All are positioned below the current priceābullish bias .
Ichimoku Cloud: Price remains above the cloud, with strong support at ~2675 USDT .
Bollinger Bands: Narrowing bands signal a possible surge in volatility soon .
Parabolic SAR: Indicator dots are below priceābullish signal remains intact .
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š Price Action Scenarios
1. Bullish Continuation
If ETH holds above 2600ā2675 USDT and breaks the short-term purple trendline, the momentum may carry price toward 2940 USDT, with upside toward 3300 USDT .
Keep volume and volatility indicators on your radar to confirm the breakoutās strength.
2. Cautious Pullback
A drop below 2600 USDT could trigger a decline to the next support at 2450 USDT or revisit the ascending channel base .
Watch for oversold signals to reassess your entry zone.
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šÆ Trade Strategy Summary
Position Type Entry Zone Stop-Loss Take Profit
Long $2600ā2675 <$2600 $2940 ā $3300 Short <$2600 >$2675 $2450 (channel base)
Risk tip: Always set a clear stop-loss and define your risk-to-reward ratio before entering.
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š” Why Zooming Out Matters
Sometimes, focusing too narrowly causes you to miss key support or resistance zones. By observing the broader trend structure, you can:
Identify high-value entry zones within the channel (e.g., near 2600).
Spot trend continuation patterns, such as bullish flags or breakouts.
Avoid being whipsawed by noise in short timeframes.
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š§ Final Word: Clarity Through Perspective
Zooming out helps you see the bigger market structure, guiding smarter entry decisions at critical levels. ETH remains bullish unless it drops below 2600āstay agile, and ride the trend!
Letās chat: Whatās your entry level on ETH? Planning to ride the channel breakout, or waiting for a deeper pullback?
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> Disclaimer: This post is for informational purposes only. Always DYOR and never trade more than you can afford to lose. Stay disciplined, stay smart. š
⢠BTC has been doing what we expected as it bouncing off the 100.7kā102.7k support zone.
⢠If that continued, we would probably see it hit the ATH resistance zone, but the Trump Vs Elon situation destroyed the momentum.
⢠Due to the situation BTC it is back in the support zone yet again and holding above it for now. If the zone sustains, we might still see it heading toward the ATH zone. But if it breaks, we may see it at 94k or lower level.
$ETH is forming a bull flag on the daily timeframe. If it breaks out successfully, we might see ETH at 3200ā4400 then possibly a new ATH just long it's swing trade
⢠As expected BTC.D has reached the anticipated resistance zone of 64.7-65.9%.
⢠As mentioned earlier, we are expecting a retracement from this zone to the 62% area or below.
⢠A relief rally in altcoins is possible if the expected retracement occurs. However, if the resistance zone is breached, we may see further downward movement in alts.