$ETH just held its breakout level on the 4H chart 👀
Price dipped back to around 2,478 - the level it broke through - and the 4H candle closed back above it at 2,495. That's the retest holding, which is what I wanted to see instead of a quick fade.
If #ETH keeps closing above 2,478, the 2,507–2,543 area is the next zone on the chart. A 4H close back under 2,416 would turn this into a fade.
On the record, ETH's setup is still judged on one line only: a daily close below 2,318.
Original breakout post: https://www.binance.com/square/post/379730005434924
Level held - does ETH print a new higher high from here? 👇
Research, not advice. #CryptoEdge #MarketStructure
Full track record: https://cryptoedge-therecord.rkkiran4me.workers.dev
Price dipped back to around 2,478 - the level it broke through - and the 4H candle closed back above it at 2,495. That's the retest holding, which is what I wanted to see instead of a quick fade.
If #ETH keeps closing above 2,478, the 2,507–2,543 area is the next zone on the chart. A 4H close back under 2,416 would turn this into a fade.
On the record, ETH's setup is still judged on one line only: a daily close below 2,318.
Original breakout post: https://www.binance.com/square/post/379730005434924
Level held - does ETH print a new higher high from here? 👇
Research, not advice. #CryptoEdge #MarketStructure
Full track record: https://cryptoedge-therecord.rkkiran4me.workers.dev