I’ve been watching ETH on the daily and 4H charts and lined up two fib pulls:
• Yellow = Daily fibs (macro swing levels)
• Purple = 4H fibs (short-term precision levels)
After watching how price reacts, the 4H fib is cleaner and more respected right now — especially around the 0.618–0.786 retrace zone. Intraday moves are sticking to these levels tighter than the daily.
Key Levels
• 4H 0.618 ≈ 3,903 → strong magnet already tested.
• 4H 0.786 ≈ 3,557 → line in the sand for bulls.
• Daily 0.618 ≈ 3,135 → if price breaks down further, this is the next major defense.
• Daily 0.786 ≈ 2,899 → last swing-long support before structure flips bearish.
⸻
Targets 🎯
• ATH test @ 4,861 → first major hurdle.
• 5,492–5,500 zone → realistic breakout target if ATH clears.
⸻
Trade Setup
• Running two positions:
• Tight stop / momentum play → R:R 6.8
• Wider swing play → R:R 6.2
• Both layered so I’m covered short-term and long-term.
⸻
TL;DR
ETH looks like it wants to respect the 4H fibs for now. Daily fibs stay on deck as the “backup parachute” if price retraces deeper. Watching ATH → breakout → 5.5k zone as the bullish path.
DYOR
• Yellow = Daily fibs (macro swing levels)
• Purple = 4H fibs (short-term precision levels)
After watching how price reacts, the 4H fib is cleaner and more respected right now — especially around the 0.618–0.786 retrace zone. Intraday moves are sticking to these levels tighter than the daily.
Key Levels
• 4H 0.618 ≈ 3,903 → strong magnet already tested.
• 4H 0.786 ≈ 3,557 → line in the sand for bulls.
• Daily 0.618 ≈ 3,135 → if price breaks down further, this is the next major defense.
• Daily 0.786 ≈ 2,899 → last swing-long support before structure flips bearish.
⸻
Targets 🎯
• ATH test @ 4,861 → first major hurdle.
• 5,492–5,500 zone → realistic breakout target if ATH clears.
⸻
Trade Setup
• Running two positions:
• Tight stop / momentum play → R:R 6.8
• Wider swing play → R:R 6.2
• Both layered so I’m covered short-term and long-term.
⸻
TL;DR
ETH looks like it wants to respect the 4H fibs for now. Daily fibs stay on deck as the “backup parachute” if price retraces deeper. Watching ATH → breakout → 5.5k zone as the bullish path.
DYOR
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.