ETH/USD 1H Analysis
As mentioned in my previous analysis,
Ethereum has now perfectly reached the Golden Zone 🔥
Price is currently trading inside this high-probability demand area around 2,198 – 2,202. According to the setup, we expect a strong reaction from here.
Next Expected Move: If the Golden Zone holds and shows bullish confirmation, Ethereum should push higher towards the Reversal Zone (first target: 2,269 – 2,280, followed by the upper Reversal Zone near 2,359 – 2,407).
Trade Plan Reminder:
Entry: Long positions in the current Golden Zone (with confirmation)
Stop Loss: Below the lower Golden Zone (~2,040)
Take Profit 1: First Reversal Zone (~2,270)
Take Profit 2: Upper Reversal Zone (~2,407)
This is developing exactly as planned. A clean bounce from the Golden Zone can lead to a solid bullish reversal and take price into the next reversal area.
Golden Zone respected or fakeout? Let me know your thoughts — are you buying the dip here?
Trade Analysis: Sniper Trader 📊🚀
Trade at your own risk 🚫
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