Ethereum (ETHUSD) is displaying strong bullish intent after reclaiming the VolanX Alert Line (~$3,659). Price action is forming higher lows with BOS (Break of Structure) signals, indicating that smart money is accumulating before a potential continuation rally toward the premium zones.
Key Levels & Zones:
Entry Zone: $3,660 – $3,680 (retest of equilibrium/alert line)
Target 1: $3,767 (weak high zone)
Target 2: $3,875 (premium zone)
Target 3: $4,000+ (extended bullish target)
Invalidation: Close below $3,620 (discount zone breach)
Rationale:
CHoCH → BOS → Retest Pattern: Multiple change-of-character moves followed by a BOS above $3,705 signal bullish market structure.
Liquidity Hunt Completed: Price swept the $3,540 discount zone and rebounded sharply, confirming smart money entry.
OPEX Volatility Catalyst: With options expiration tomorrow, volatility could drive ETH toward key liquidity zones. Favoring long bias as buy-side liquidity builds above $3,750.
Volume Surge: Breakout volume on 15m and 1H charts suggests institutional participation.
Trade Plan:
Long Entry: On a successful retest of $3,660–$3,680 zone with strong bullish candle confirmation.
Stop-Loss: Below $3,620 (structure invalidation).
Targets: Scale out at 3,767 → 3,875 → trail above $3,900.
Risk-Reward: ~1:3 or better, depending on execution and trailing strategy.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Trade responsibly and use proper risk management.
Key Levels & Zones:
Entry Zone: $3,660 – $3,680 (retest of equilibrium/alert line)
Target 1: $3,767 (weak high zone)
Target 2: $3,875 (premium zone)
Target 3: $4,000+ (extended bullish target)
Invalidation: Close below $3,620 (discount zone breach)
Rationale:
CHoCH → BOS → Retest Pattern: Multiple change-of-character moves followed by a BOS above $3,705 signal bullish market structure.
Liquidity Hunt Completed: Price swept the $3,540 discount zone and rebounded sharply, confirming smart money entry.
OPEX Volatility Catalyst: With options expiration tomorrow, volatility could drive ETH toward key liquidity zones. Favoring long bias as buy-side liquidity builds above $3,750.
Volume Surge: Breakout volume on 15m and 1H charts suggests institutional participation.
Trade Plan:
Long Entry: On a successful retest of $3,660–$3,680 zone with strong bullish candle confirmation.
Stop-Loss: Below $3,620 (structure invalidation).
Targets: Scale out at 3,767 → 3,875 → trail above $3,900.
Risk-Reward: ~1:3 or better, depending on execution and trailing strategy.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Trade responsibly and use proper risk management.
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.