Hello and welcome to another analysis from the Satoshi Frame team!
I’m Abolfazl, and today we’re going to analyze Ethereum on the 4-hour timeframe.
After rejecting from the supply zone, Ethereum has reached an IFC, which could cause a price pullback.
On the 15-minute timeframe, look for confirmation signals to enter a long position — the first target is around $4,520, followed by $4,750.
Keep in mind that this setup is very risky, and no entry should be taken without proper confirmation.
The second scenario is a break below $4,200, which could provide a short opportunity targeting $3,950, and then the 4H low. (The break must be confirmed by a full candle close, not just a shadow.)
These scenarios allow you to align with price movement in both directions — the key is to wait for precise confirmations before entering any trade.
See you in the next analyses!
Stay tuned with the Satoshi Frame team...
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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.
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.