Ethereum
Long
Updated

ETH/USD (Ethereum vs US Dollar) on the 4H timeframe.

1 623
ETH/USD (Ethereum vs US Dollar) on the 4H timeframe.

Here’s the setup my marked:

Current price: $4,180

Price is bouncing from the red demand/support zone around $4,100 – $4,050.

Two green resistance/target zones are marked on your chart.


Targets Based on Chart:

First target: $4,400 – $4,450 (closer resistance zone).

Main target: $4,750 – $4,800 (upper green zone).


📌 So My bullish targets are:

🎯 Short-term target = $4,400 – $4,450

🎯 Extended target = $4,750 – $4,800


If price breaks below $4,100, bearish risk opens toward $4,000 – $3,950.
Trade active
trade active

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.