ETH 4H Chart Analysis
• Breakout Zone:
ETH has broken below the $4,360 – $4,330 zone (purple box), which previously served as strong support. This signals a shift in sentiment toward bearish momentum.
• Current Price Action:
After a sharp drop, ETH is consolidating around $4,170, hinting at a possible short-term rebound before continuing its downward structure.
• Resistance Levels:
• $4,360 – $4,330: Recently broken support, now acting as strong resistance.
• $4,505: Next resistance above, in line with prior range highs.
• Support Levels:
• $4,166: First Fib extension target, currently being tested.
• $3,880 – $3,900: Major support zone if price declines further (2.618 Fib extension + horizontal demand zone).
• Outlook:
ETH may retest the $4,330 – $4,360 resistance before continuing lower. If bearish pressure persists, the next downside target is around $3,880 – $3,900.
• Breakout Zone:
ETH has broken below the $4,360 – $4,330 zone (purple box), which previously served as strong support. This signals a shift in sentiment toward bearish momentum.
• Current Price Action:
After a sharp drop, ETH is consolidating around $4,170, hinting at a possible short-term rebound before continuing its downward structure.
• Resistance Levels:
• $4,360 – $4,330: Recently broken support, now acting as strong resistance.
• $4,505: Next resistance above, in line with prior range highs.
• Support Levels:
• $4,166: First Fib extension target, currently being tested.
• $3,880 – $3,900: Major support zone if price declines further (2.618 Fib extension + horizontal demand zone).
• Outlook:
ETH may retest the $4,330 – $4,360 resistance before continuing lower. If bearish pressure persists, the next downside target is around $3,880 – $3,900.
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NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
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Related publications
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.
Dear My Friends,
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
Related publications
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.