đ $ETHFI is showing a potential technical setup!
ETHFI/USDT is displaying a visible structure on the 1W timeframe.
đ The Technical Setup:
âą The Pattern: Bullish Harmonic/Reversal Structure with Fibonacci Retracement
âą Short-term Target: 0.95 USDT
âą Macro Objective: 2.80 USDT
âą Market Structure: Reversal from consolidation with breakout potential
đŻ Key Levels to Watch:
âą Support / Accumulation Zone: 0.40 - 0.50 USDT
âą Resistance: 0.80 - 1.00 USDT
âą Breakout Level: 0.80 USDT
âą Stop Loss / Invalidation: 0.40 USDT
đ Confirmation:
âą Volume: Increased buying interest during recent reversal
âą Momentum: Positive momentum building above key Fibonacci levels
âą Trend: Weekly trend shifting from bearish to accumulation/reversal
â ïž Invalidation:
A decisive weekly close below the 0.40 USDT support zone would negate the bullish harmonic setup.
ETHFI is showing promising signs of a trend reversal on the weekly timeframe, targeting potential upside recovery if resistance holds.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#ETHFI #crypto #BinanceSquare #Binance #bitcoin
ETHFI/USDT is displaying a visible structure on the 1W timeframe.
đ The Technical Setup:
âą The Pattern: Bullish Harmonic/Reversal Structure with Fibonacci Retracement
âą Short-term Target: 0.95 USDT
âą Macro Objective: 2.80 USDT
âą Market Structure: Reversal from consolidation with breakout potential
đŻ Key Levels to Watch:
âą Support / Accumulation Zone: 0.40 - 0.50 USDT
âą Resistance: 0.80 - 1.00 USDT
âą Breakout Level: 0.80 USDT
âą Stop Loss / Invalidation: 0.40 USDT
đ Confirmation:
âą Volume: Increased buying interest during recent reversal
âą Momentum: Positive momentum building above key Fibonacci levels
âą Trend: Weekly trend shifting from bearish to accumulation/reversal
â ïž Invalidation:
A decisive weekly close below the 0.40 USDT support zone would negate the bullish harmonic setup.
ETHFI is showing promising signs of a trend reversal on the weekly timeframe, targeting potential upside recovery if resistance holds.
đ Creator: NOUMAN_DON (@NOUMAN_DON)
#ETHFI #crypto #BinanceSquare #Binance #bitcoin
