Three failed attempts at the lows, then a decisive break through the neckline on volume that actually shows up โ that's demand stepping in with size, not a drift higher on thin participation.
๐ Daily: Bullish โ daily Supertrend up, price holding above the 50 EMA
โฑ 4H: Triple Bottom ยท Bullish bias
โณ 1H: the 1H is holding above the level with its trend up โ the lower timeframe confirms the setup.
โ Daily, 4H and 1H all point bullish.
๐ WHY IT QUALIFIES
โ Triple Bottom structure completed
โ Decisive breakout โ closed 0.5% beyond the line
โ Volume 2.2ร its 20-bar average
โ RSI 62 โ momentum confirms, not yet exhausted
๐งญ Bias: Bullish while price holds above $1,909.01
โ ๏ธ Invalidation: 4H close back below $1,909.01
๐ต Support $1,853.62 ๐ก Resistance $1,909.01
$ETH #ChartPatterns
Education only, not financial advice.
๐ Daily: Bullish โ daily Supertrend up, price holding above the 50 EMA
โฑ 4H: Triple Bottom ยท Bullish bias
โณ 1H: the 1H is holding above the level with its trend up โ the lower timeframe confirms the setup.
โ Daily, 4H and 1H all point bullish.
๐ WHY IT QUALIFIES
โ Triple Bottom structure completed
โ Decisive breakout โ closed 0.5% beyond the line
โ Volume 2.2ร its 20-bar average
โ RSI 62 โ momentum confirms, not yet exhausted
๐งญ Bias: Bullish while price holds above $1,909.01
โ ๏ธ Invalidation: 4H close back below $1,909.01
๐ต Support $1,853.62 ๐ก Resistance $1,909.01
$ETH #ChartPatterns
Education only, not financial advice.