⚡ ETH at $1,936. The setup looks bullish. But there's a catch that most ETH bulls are ignoring.
The Setup: 4H RSI at 68.3 approaching overbought. Price holding above all key MAs. Volume increasing 1.22x.
Why This Trade:
✅ Strong uptrend confirmed — above 7, 25, and 99-day MAs
✅ Daily MACD expanding — momentum building on higher timeframe
⚠️ ETH/BTC ratio weakening — Ethereum bulls aren't showing up when it matters
⚠️ $2,000 psychological resistance is a WALL — every approach gets sold
📊 Trade Plan:
✋ HOLD / cautious scale-in
🎯 Entry: $1,850 - $1,920
🛑 Stop: $1,780
💰 TP1: $2,000 | TP2: $2,100
📐 Risk/Reward: 1.1
ETH needs to reclaim $2K with conviction. Until then, it's a hold, not a scream-buy. The ETH/BTC ratio is the real tell.
ETH flipping $2K this week or more chopping? 👇
#ETH #Ethereum #DYOR
⚠️ Not financial advice. Always DYOR and manage risk carefully.
The Setup: 4H RSI at 68.3 approaching overbought. Price holding above all key MAs. Volume increasing 1.22x.
Why This Trade:
✅ Strong uptrend confirmed — above 7, 25, and 99-day MAs
✅ Daily MACD expanding — momentum building on higher timeframe
⚠️ ETH/BTC ratio weakening — Ethereum bulls aren't showing up when it matters
⚠️ $2,000 psychological resistance is a WALL — every approach gets sold
📊 Trade Plan:
✋ HOLD / cautious scale-in
🎯 Entry: $1,850 - $1,920
🛑 Stop: $1,780
💰 TP1: $2,000 | TP2: $2,100
📐 Risk/Reward: 1.1
ETH needs to reclaim $2K with conviction. Until then, it's a hold, not a scream-buy. The ETH/BTC ratio is the real tell.
ETH flipping $2K this week or more chopping? 👇
#ETH #Ethereum #DYOR
⚠️ Not financial advice. Always DYOR and manage risk carefully.