ETH/USDT · 4h · Bybit
Price: 2,328.37
Market read
The 4h structure is bearish, forming lower highs and lower lows. RSI at 60.3 keeps momentum on the buyers' side. With price sitting right on support, I'd be careful about chasing the downside from here.
Key levels
Resistance
2,519.97 liquidity
2,723.34 liquidity
2,740.51 liquidity
Support
2,320.33 fair value gap
2,292.81 liquidity + fair value gap
2,279.72 fair value gap
🟢 Long idea
A long sets up if price pulls back into 2,318.01 to 2,327.29 (fair value gap) and buyers defend it. I'd want to see them step in with a bullish engulfing, a hammer, or a strong lower wick, then a break of the last 15m swing high. RSI tu...
$ETH #Bitcoin #Markets #Crypto #DeFi
Risk before reward. CryptoYaan.com
Educational, not financial advice.
Price: 2,328.37
Market read
The 4h structure is bearish, forming lower highs and lower lows. RSI at 60.3 keeps momentum on the buyers' side. With price sitting right on support, I'd be careful about chasing the downside from here.
Key levels
Resistance
2,519.97 liquidity
2,723.34 liquidity
2,740.51 liquidity
Support
2,320.33 fair value gap
2,292.81 liquidity + fair value gap
2,279.72 fair value gap
🟢 Long idea
A long sets up if price pulls back into 2,318.01 to 2,327.29 (fair value gap) and buyers defend it. I'd want to see them step in with a bullish engulfing, a hammer, or a strong lower wick, then a break of the last 15m swing high. RSI tu...
$ETH #Bitcoin #Markets #Crypto #DeFi
Risk before reward. CryptoYaan.com
Educational, not financial advice.
