Ethereum (ETHUSDT) is currently forming a bullish triangle pattern within a well-defined downtrend structure. Price has tested the support zone near 3,750 multiple times, creating a solid base while showing rejection wicks — a sign that buyers are stepping in to defend the level.
Now, ETH is approaching the downtrend line resistance, where a clean breakout and bullish candle closure could trigger a strong continuation move to the upside. Volume has been gradually increasing, supporting the potential for a bullish breakout.
💡 If ETH breaks above the downtrend line and holds on a retest, it may initiate an impulsive rally toward the next resistance zones.
🎯 Technical Target Levels / Resistance Zones:
First Target: 4,194
Second Target: 4,351
Third Target: 4,526
As long as ETH stays above 3,750–3,780 support, the bullish outlook remains valid.
⚠ A strong bearish close below 3,750 would invalidate the setup and signal a potential range re-entry.
🚨 This is not financial advice. Always use proper risk management and trade discipline.
💬 Like, comment & follow for more Smart Money and Price Action-based trade ideas. 💎
Now, ETH is approaching the downtrend line resistance, where a clean breakout and bullish candle closure could trigger a strong continuation move to the upside. Volume has been gradually increasing, supporting the potential for a bullish breakout.
💡 If ETH breaks above the downtrend line and holds on a retest, it may initiate an impulsive rally toward the next resistance zones.
🎯 Technical Target Levels / Resistance Zones:
First Target: 4,194
Second Target: 4,351
Third Target: 4,526
As long as ETH stays above 3,750–3,780 support, the bullish outlook remains valid.
⚠ A strong bearish close below 3,750 would invalidate the setup and signal a potential range re-entry.
🚨 This is not financial advice. Always use proper risk management and trade discipline.
💬 Like, comment & follow for more Smart Money and Price Action-based trade ideas. 💎
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World No1 best broker Exness⤵️
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Related publications
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💲𝗙𝗢𝗥𝗘𝗫 < 𝗚𝗢𝗟𝗗 > ₿ 𝗕𝗧𝗖 || Real Trades, Real Results || VIP Signals {My Personal Entries} Join Telegram – Trade smarter
t.me/JosProTrader
World No1 best broker Exness⤵️
one.exnesstrack.org/a/u111qxzio3
t.me/JosProTrader
World No1 best broker Exness⤵️
one.exnesstrack.org/a/u111qxzio3
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.
