🔴 $ETH / USDT · Expected direction: Down (SHORT)
Charts on the 4-hour and 1-hour timeframes indicate that the downtrend is continuing, with the EMAs aligned bearishly, reinforcing the likelihood of further price declines.
📍 Entry zone:
1835.05 – 1843.59
🎯 Take-profit targets:
* TP1: 1777.36 (-3.4%)
* TP2: 1736.05 (-5.6%)
* TP3: 1674.09 (-9.0%)
🛑 Stop loss (SL): 1921.93 (+4.5%)
⚖️ Confidence level: Moderate only, so it’s preferable to enter with a small position size and manage risk carefully.
📊 Why is the trend bearish?
The ADX is at 49.7, indicating clear strength in the current trend, with sellers dominating market movement.
⚠️ But be aware of the risks!
The price has entered oversold territory, and we may see sudden rebounds from these levels, especially since the RSI on the 4-hour timeframe has reached 24.9.
📌 Trade management plan:
* Close 50% of the position at TP1.
* Close 25% at TP2.
* Close the remaining 25% at TP3.
* After reaching TP1, move the stop loss to the entry point (Break Even).
🔥 The question now: How low do you expect ETH to go before it starts to rebound?
⚠️ This is a personal analysis of market movements, not financial advice.
NFA — Do your own research (DYOR) and manage your trading risks carefully.
Educational content only; not investment advice or a recommendation to buy, sell, deposit, or withdraw. There are no paid advertisements, referral links, or marketing commissions.
Charts on the 4-hour and 1-hour timeframes indicate that the downtrend is continuing, with the EMAs aligned bearishly, reinforcing the likelihood of further price declines.
📍 Entry zone:
1835.05 – 1843.59
🎯 Take-profit targets:
* TP1: 1777.36 (-3.4%)
* TP2: 1736.05 (-5.6%)
* TP3: 1674.09 (-9.0%)
🛑 Stop loss (SL): 1921.93 (+4.5%)
⚖️ Confidence level: Moderate only, so it’s preferable to enter with a small position size and manage risk carefully.
📊 Why is the trend bearish?
The ADX is at 49.7, indicating clear strength in the current trend, with sellers dominating market movement.
⚠️ But be aware of the risks!
The price has entered oversold territory, and we may see sudden rebounds from these levels, especially since the RSI on the 4-hour timeframe has reached 24.9.
📌 Trade management plan:
* Close 50% of the position at TP1.
* Close 25% at TP2.
* Close the remaining 25% at TP3.
* After reaching TP1, move the stop loss to the entry point (Break Even).
🔥 The question now: How low do you expect ETH to go before it starts to rebound?
⚠️ This is a personal analysis of market movements, not financial advice.
NFA — Do your own research (DYOR) and manage your trading risks carefully.
Educational content only; not investment advice or a recommendation to buy, sell, deposit, or withdraw. There are no paid advertisements, referral links, or marketing commissions.