Ethereum
Long
Updated

ETHUSD 4H Chart Pattern

89
ETHUSD 4H Chart Pattern

📌 Target Zone

My chart shows price around $2,860 and the trendline resistance sitting roughly around:

➡ Target: $3,450 – $3,550

This zone comes from:

The descending trendline (major resistance)

The level my marked with the green arrow

Previous reaction zone where price last rejected


🔍 Why this target

Price is forming a short-term bottom.

A bounce toward the trendline resistance is reasonable if momentum continues.

That trendline is the next major obstacle for bulls.


⚠ Important

These are technical analysis levels, not financial advice. Always evaluate risk and market conditions.

If my want, I can also give: ✔ Support levels
✔ Breakout target
✔ Stop-loss ideas (educational)
✔ Updated analysis with timeframe my prefer
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