ETH/USDT (Ethereum vs Tether) on the 2-hour timeframe, the pattern drawn is a symmetrical triangle — a consolidation setup that often leads to a strong breakout.
Here’s the target breakdown based on my chart:
---
📈 Current breakout level:
Around $3,950 – $3,960
🎯 Target 1 (short-term):
Around $4,350 – $4,370
This is the first target after the breakout, matching my chart’s lower target point.
(≈ +10% move from the breakout)
---
🎯 Target 2 (extended / major):
Around $4,700 – $4,750
This is the second target — the measured move from the triangle’s height projected upward.
(≈ +18%–20% move from the breakout)
---
⚠ Support / Stop-loss suggestion:
If price closes back below $3,900, it may invalidate the breakout and signal a false move.
---
✅ Summary:
Breakout point: $3,950
Target 1: $4,350
Target 2: $4,700
Stop loss: $3,900
Here’s the target breakdown based on my chart:
---
📈 Current breakout level:
Around $3,950 – $3,960
🎯 Target 1 (short-term):
Around $4,350 – $4,370
This is the first target after the breakout, matching my chart’s lower target point.
(≈ +10% move from the breakout)
---
🎯 Target 2 (extended / major):
Around $4,700 – $4,750
This is the second target — the measured move from the triangle’s height projected upward.
(≈ +18%–20% move from the breakout)
---
⚠ Support / Stop-loss suggestion:
If price closes back below $3,900, it may invalidate the breakout and signal a false move.
---
✅ Summary:
Breakout point: $3,950
Target 1: $4,350
Target 2: $4,700
Stop loss: $3,900
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/XauusdGlobalSignal17
Gold Signal's with proper TP & SL for high profit opportunities..
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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.
📲 Join telegram channel free ..
t.me/goldtradingpk710
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/XauusdGlobalSignal17
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/goldtradingpk710
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/XauusdGlobalSignal17
Gold Signal's with proper TP & SL for high profit opportunities..
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.
