Ethereum Chart updateTechnical analysis only indicates the fulfillment of certain conditions of a set of individual indicators that may help the user to spot potentially favorable conditions for a transaction if this is consistent with their strategy. You should not make a decision based solely on these ratings, but try and see the full picture of how well the asset is doing using other available information. Try reading related ideas to see what other users think, or check out our Crypto Coins Screener.
Trade ideas
Trigger: 4h-close < 4 486/4 464 (BB-Mid/KC-Mid) when RSI < 60Scenarios and triggers (not financial advice)
A) Basic - balance/rotation to the averages at 4.49-4.46 with an attempt to hold the uptrend.
Why basic: ADX is high and CMF>0 (the trend is alive), but MACD-hist is negative, OI↓, and we are close to the upper edges of BB/KC → more often, the market "breathes" down to the averages before continuing.
• Trigger: 4h-close < 4 486/4 464 (BB-Mid/KC-Mid) with RSI < 60 or weakening of the MACD histogram.
• Targets: 4 475 → 4 324; with inertia, 4 342 (POC)/4 140 (VAL).
• Cancel: quick redemption and consolidation above 4 592–4 604.
B) Continuation of the upward trend (accepting above the high zone).
• Trigger: holding above 4 55x–4 56x and 4h-closing > 4 618.9 with a buffer ≈ +0.1·ATR ≈ +7$ → > 4 626, while OBV z50 ≥ 0 and OI ROC(5) ≥ 0.
• Goals: 4 686 (LVN) → 4 727 (VAH) → 4 808 (LVN).
• Invalidator: return < 4 591 with an increase in OI on a red candle.
C) Acceleration downwards (explicit rejection from above).
• Trigger: false takeaway 4,591-4,619 (long upper shadows) + confirmed bearish divergences of RSI/MFI/OBV and OI↑ on the decline.
• Goals: 4 486 → 4 464 → 4 324; if weak, test 4,342 (POC) and only then 4,140 (VAL).
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Tactics (example of logic)
• Reversal long: zones 4 486 / 4 464 with signs of demand (candle reaction, CMF≥0, OBV z50≥0). Targets: 4 592–4 604 → 4 619; stop under 4 464 − 0.3×ATR ≈ 20$.
• Impulse long: after fixing > 4 626. Partial fixation at 4 686, then 4 727/4 808; trail on EMA20/KC-Mid.
• Contra-trend short: only when 4 591–4 619 is rejected + divergence and MACD-hist↓, OI↑ on the fall. Targets: 4,486 → 4,464 → 4,424–4,324; stop at 4,626–4,635.
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Briefly: what to expect
The trend is strong (ADX), the demand is positive (CMF), but the momentum is cooling, the OI is decreasing, and the price is stretched towards VWAP/BB-Upper. I expect a basic balance/rotation to 4.49→4.46, after which the market will decide:
• Fix above 4 626 → chance for 4 686 → 4 727 → 4 808.
• Fall below 4 464 → 4 324, with weakness at 4 342 (POC)/4 140 (VAL).
ETH: Drop from $4334On September 22, Ethereum turned downward from the $4334 level on the 1-hour timeframe. The move was strong: the price broke through all four profit-taking stages and reached $3819, giving a difference of more than $500 per coin. Those who held the trade systematically captured a result that would have been painful to miss.
I managed the trade step by step: the algorithm highlighted key profit zones and moved the position to breakeven in time. This removed emotions and allowed me to focus on strategy rather than doubts. Such an approach works like a navigator — the road is clear in advance, even when the market throws sharp turns.
An interesting fact: most financial indicators are based on mathematical formulas that exclude the psychological factor. That’s why discipline and algorithm often outperform intuition. In my experience, the win rate for Ethereum trades stays above 80%, and this case only confirmed that statistic.
The market will always look chaotic to those who act emotionally. But when the process is built on a system, trading shifts from guessing to a structured process, where results are defined by discipline.
$ETH Technical Structure and Market Context
ETH is reacting within the 4 580 – 4 620 USDT supply zone, acting as a minor distribution area. The strong upward move lost momentum as the price faced rejection with long wicks around this region — a sign of profit-taking from short-term buyers and potential entry from sellers waiting for confirmation of a pullback.
If ETH fails to close decisively above 4 620, a short-term retracement toward the 4 550 validation level is likely. Failure to hold this level could trigger a deeper correction toward the 4 470 – 4 480 demand zone before finding new liquidity.
Momentum and Volume Insights
The previous rally was driven by a strong impulse volume, but recent candles show declining buying activity and growing selling pressure, signaling a shift in market control from bulls to short-term distributors. This typically occurs as institutional players execute liquidity grabs at premium zones.
Sustained selling volume could push the price to test 4 470 as the next major support level.
Institutional Outlook
From an institutional view, this region serves more as a liquidity distribution zone than an accumulation area. Funds are likely waiting for clear reaction signals around 4 550 – 4 470 before re-entering positions. As long as price remains below 4 620, the short-term bias leans toward a correction. A confirmed break above this threshold, however, could extend the bullish run toward 4 680 – 4 700 USDT.
ETH ideaETH has cleared the target zones from the previous plan and tapped the weekly key level, giving a solid reaction.
To me, this looks like manipulation below the range — now I’d like to see the same type of sweep to the upside.
We could get another dip early in the week if BTC tags the mentioned levels, but after that I’m expecting price to return back into the range.
Bigger picture — I’m looking for a push to new highs around 5K.
ETHUSDT Short - Trendline Rejection & Breakdown Below ConsolidatI’ve entered a short position on Ethereum after clear technical confirmation on the 1H chart.
Reasoning:
🔹 Trendline Rejection: Price took a strong rejection from the descending trendline, showing sellers are defending the upper zone.
🔹 Consolidation Breakdown: After a period of sideways movement, ETH closed below the recent consolidation range, confirming bearish continuation.
🔹 Momentum Shift: The candle close below structure indicates weakness and potential for further downside movement.
Trade Setup:
📍 Entry: 4,468
⛔ Stop Loss: 4,510
🎯 Target: 4,291
As long as ETH stays below 4,510, my view remains bearish. A breakout above that level will invalidate this setup.
Ethereum Faces Rejection at $4,580Ethereum is testing a major resistance zone at $4,580, where price action shows signs of rejection. The level aligns with the 0.618 Fibonacci retracement, suggesting potential for an intraday correction before continuation higher.
Ethereum’s recent rally has brought price action into a crucial resistance zone on the higher timeframes. The $4,580 region has repeatedly acted as a key level of rejection in previous attempts and now coincides with the 0.618 Fibonacci margin. As price approaches this zone once again, traders are watching closely to see whether Ethereum can break through with volume confirmation or if another rejection will initiate a short-term retracement before a broader continuation move.
Key Technical Points:
- Resistance at $4,580 aligns with the 0.618 Fibonacci retracement.
- VWAP and point of control (POC) are key short-term support levels.
- Failure to hold VWAP/POC could trigger a deeper intraday correction.
Main Analysis:
Ethereum’s climb from lower support has been well-structured, producing higher highs and higher lows consistent with a bullish market phase. However, the current level at $4,580 represents a significant area of supply, where previous rallies have stalled. The overlap of this resistance with the 0.618 Fibonacci retracement adds technical confluence, increasing the probability of a reaction from sellers.
The VWAP and point of control currently sit below this resistance and act as key dynamic supports for the ongoing uptrend. Losing these levels on an intraday basis would likely open the door for a retracement deeper into the previous demand zone. Such a move would be considered healthy within the broader uptrend, allowing the market to reset before establishing another higher low.
Despite this near-term resistance, the macro structure of Ethereum remains bullish. Momentum indicators, including RSI and moving averages, still favor buyers, though they suggest temporary exhaustion at these levels. Traders should closely monitor volume responses at $4,580 — a breakout supported by increasing buy volume would confirm renewed bullish strength, while rejection and declining volume would support a corrective scenario.
What to Expect in the Coming Price Action
Ethereum remains in a bullish trend overall, but short-term resistance at $4,580 could trigger a brief pullback if unbroken. A confirmed breakout above this level would open the door toward higher resistances at $4,750–$4,900, while a failure to reclaim the VWAP or POC could see price retest lower supports before resuming the broader uptrend.
Trigger: 4h-close < 4 422–4 416 (BB-Mid/KC-Mid) and RSI < 60 What does it mean now
1. The trend is strong (ADX≈50, CMF≫0), but the MACD has cooled down, OBV-ROC<0, and OI is falling → momentum is dragging on inertia, and there is little "fuel" for new positions.
2. We are on/near POC ~4 492 (magnet). This often leads to balancing/sawing around POC with pokes to KC-Mid/BB-Mid.
3. RSI66 / MFI73 and z(Price−VWAP)~+1.1σ → moderate upward stretching: for a sustainable upward continuation, we would like to see stabilization/growth of OI and resumption of growth of OBV.
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Key levels
Resistance: 4 553 (KC-Upper) → 4 592 (Donch-High 20/55) → 4 619 (BB-Upper) → 4 765 (VAH).
Support: 4 422 (BB-Mid) / 4 416 (KC-Mid ≈ EMA20) → 4 357 (Donch-Mid20) → 4 278 (KC-Lower) → 4 177 (VAL) → deeper 4 052 / 3 968 / 3 863 (LVN-pockets).
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Scenarios and triggers (not the financial council)
A) Basic — POC balance with punctures, rotation to the middle.
Why basic: on POC, OI↓, MACD-hist <0, a series of bearish divergences on oscillators, while the trend is strong (ADX/CMF) — the market often breathes through returns to averages rather than accelerating immediately.
• Trigger: 4h-close < 4 422–4 416 (BB-Mid/KC-Mid) and RSI < 60 / MACD-hist does not grow.
• Targets: 4 357 → 4 278 → at inertia 4 177 (VAL).
• Cancel: hold above 4 500+ and re-attack 4 553/4 592.
B) Continuation of the up-trend.
• Trigger: fixing > 4 592 with a buffer ≈ +0.1·ATR ≈ +7$ → > 4 599, when OBV z50 ≥ 0 and OI ROC(5) ≥ 0.
• Goals: 4 619 (BB-Upper) → 4 700–4 740 → 4 765 (VAH); with a good OI↑, it is possible to extend to the LVN-thin zones of 4 807+.
• Invalidator: a quick return < 4 553 and a failure to 4 500–4 480.
C) Acceleration downwards (failure from above).
• Trigger: false exit 4 553–4 592 (long upper shadows) + OI↑ on a red candle, MACD-hist ↓, confirmation of bearish divergences RSI/MFI/OBV.
• Targets: 4 416 → 4 357 → 4 278; if weak, test 4 177 (VAL).
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Tactics (example of logic)
• Reversal long: at 4 422 / 4 416 with signs of demand (CMF≥0, candle reaction, OBV z50≥0). Targets: 4 553 → 4 592; stop below 4 357 (buffer ~0.5×ATR ≈ 34$).
• Momentum long: only after consolidation > 4 599. Partial fixation at 4,619, then 4,700–4,740/4,765; trail by EMA20/KC-Mid.
• Counter-trend short: when 4,553–4,592 is clearly rejected + bearish divergences, OI↑ on the fall. Targets: 4,422 → 4,357 → 4,278; stop at 4,605–4,615.
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Briefly: what to expect
The strong uptrend continues, but the momentum is cooling, the OI is decreasing, and we are at POC. I am waiting for a balance/rotation to the average of 4 42x → 4 35x, from where the market will decide whether to restart upwards with OI/OBV support or move to 4 28x → 4 177.
ETHEREUMETHEREUM ,how the weekly candle closes will give a directional bias on Ethereum BY NEXT WEEK
if the double TOP neckline stays invalidated on weekly CANDLE close, then we will look for buy opportunity only.
the market is buying dont be eager to sell ,but remember that what ever that goes up will surely come down.
#ethusdt #ethereum
Global Market Participants: Players Shaping the World Economy1. Understanding Global Market Participants
A market participant refers to any individual, institution, or entity that engages in buying, selling, or investing in financial instruments such as stocks, bonds, currencies, derivatives, or commodities. Their participation drives market activity, facilitates capital allocation, and ensures continuous price formation through demand and supply.
Global market participants can broadly be divided into institutional participants and non-institutional (retail) participants. Institutional participants dominate the market due to their large capital base and sophisticated strategies, while retail participants add diversity and depth.
2. Categories of Global Market Participants
a) Central Banks
Central banks are the most influential entities in the financial world. They control a nation's monetary policy, manage foreign exchange reserves, and stabilize the currency and financial system. Examples include the U.S. Federal Reserve, European Central Bank (ECB), Bank of Japan (BoJ), and Reserve Bank of India (RBI).
Key functions:
Setting benchmark interest rates.
Controlling money supply to influence inflation and growth.
Managing exchange rate stability.
Acting as a lender of last resort during crises.
Regulating the banking sector.
Central banks’ decisions can cause global ripple effects. For instance, a rate hike by the U.S. Fed can strengthen the U.S. dollar, attract global capital inflows, and pressure emerging market currencies.
b) Commercial Banks
Commercial banks are vital intermediaries between savers and borrowers. They accept deposits, provide loans, and participate actively in money markets, foreign exchange markets, and credit markets.
Their roles include:
Facilitating trade finance and foreign exchange transactions.
Managing corporate treasury operations.
Participating in interbank lending.
Investing in sovereign bonds and other assets.
Commercial banks also engage in proprietary trading and market-making, providing liquidity to the market.
c) Investment Banks
Investment banks specialize in capital market operations, helping companies raise funds through IPOs, bond issuances, or private placements. They also provide advisory services for mergers and acquisitions (M&A), portfolio management, and structured finance.
Major global players like Goldman Sachs, Morgan Stanley, and J.P. Morgan play crucial roles in shaping global capital flows.
Core functions:
Underwriting securities.
Advising on mergers and acquisitions.
Asset securitization.
Providing derivatives and risk management solutions.
Investment banks are considered the "architects" of global finance, linking capital seekers and investors across continents.
d) Institutional Investors
Institutional investors are large organizations that invest on behalf of clients or members. They include mutual funds, pension funds, insurance companies, and sovereign wealth funds.
Examples:
BlackRock and Vanguard (mutual funds)
CalPERS (pension fund)
Norwegian Sovereign Wealth Fund
Allianz and AIA Group (insurance firms)
Importance:
They manage trillions of dollars, often determining global market trends.
They are long-term investors, influencing corporate governance.
Their actions impact asset allocation, market liquidity, and volatility.
Institutional investors’ investment decisions are data-driven, often guided by macroeconomic conditions, risk models, and diversification strategies.
e) Hedge Funds
Hedge funds are privately managed investment vehicles that use sophisticated strategies to generate high returns. They often employ leverage, short selling, arbitrage, and derivatives trading to exploit market inefficiencies.
Examples: Bridgewater Associates, Renaissance Technologies, and Citadel.
Their significance:
Hedge funds enhance market efficiency by arbitraging mispriced assets.
They take contrarian or speculative positions.
Their rapid trading strategies can amplify market volatility, especially in times of stress.
Hedge funds are major players in currency, commodity, and derivatives markets, frequently setting trends that influence other investors.
f) Corporations and Multinational Companies
Large corporations are key participants, especially in foreign exchange and commodity markets. They engage in international trade, requiring them to manage currency exposure and input cost fluctuations.
For example:
A U.S.-based company exporting to Europe may hedge against a weakening euro.
An airline company may hedge fuel costs using futures contracts.
Corporations also issue bonds or equities to raise capital, becoming integral to capital market operations. Their strategic financial management contributes to overall market stability and liquidity.
g) Sovereign Wealth Funds (SWFs)
SWFs are state-owned investment funds that invest surplus revenues (often from oil exports or trade surpluses) into global assets like stocks, bonds, infrastructure, and real estate.
Examples:
Norway’s Government Pension Fund Global
Abu Dhabi Investment Authority
China Investment Corporation
Role in markets:
Provide long-term, stable capital inflows.
Invest counter-cyclically during market downturns.
Promote cross-border investments and global diversification.
SWFs are crucial in stabilizing markets, especially during economic downturns, as their investment horizon spans decades.
h) Retail Investors
Retail investors — individual participants — are the foundation of market democratization. They invest through stock exchanges, mutual funds, ETFs, and online trading platforms.
Characteristics:
Smaller investment size.
Motivated by wealth creation, savings, or speculation.
Increasingly active through mobile trading apps and social trading platforms.
Retail investors have gained immense power in recent years, driven by digitalization and financial literacy. Events like the GameStop short squeeze (2021) demonstrated how retail participation can disrupt institutional dominance.
i) Brokers and Market Makers
Brokers facilitate transactions between buyers and sellers, while market makers continuously quote buy (bid) and sell (ask) prices to provide liquidity.
Roles:
Ensuring price discovery and efficient order execution.
Offering leverage and margin trading to clients.
Acting as intermediaries for foreign exchange and derivatives trading.
With algorithmic trading, many market-making activities are now automated through high-frequency trading (HFT) systems.
j) Regulatory Bodies and Exchanges
Although not direct investors, regulators and exchanges are crucial participants ensuring market integrity, transparency, and stability.
Examples:
U.S. SEC (Securities and Exchange Commission)
FCA (UK)
SEBI (India)
Financial exchanges: NYSE, NASDAQ, LSE, NSE, and CME.
Regulators safeguard investor interests, while exchanges serve as platforms for price discovery, trading, and clearing.
3. The Interconnectedness of Global Market Participants
Modern financial markets are highly interconnected. A decision by one participant — such as the Federal Reserve’s rate change — can ripple through global markets, influencing bond yields, equity valuations, and currency rates worldwide.
For example:
Central banks influence the cost of capital.
Institutional investors allocate funds globally, affecting capital flows.
Corporations react by adjusting hedging or investment strategies.
Retail investors respond through short-term trading or portfolio rebalancing.
This web of interactions defines the global financial ecosystem, where every participant indirectly shapes the behavior of others.
4. Technological Evolution and Market Participation
Technology has dramatically reshaped how participants interact. The rise of algorithmic trading, blockchain, AI analytics, and fintech platforms has made markets more efficient but also more complex.
Key transformations:
Automation: AI-based trading systems execute millions of trades per second.
Accessibility: Retail investors can trade global markets via mobile apps.
Transparency: Blockchain enables auditable and secure transactions.
Data-driven decisions: Big data helps institutions forecast market trends.
These innovations have lowered entry barriers but also increased systemic risk due to automation and cyber vulnerabilities.
5. The Role of Market Participants During Crises
During crises like the 2008 Global Financial Crisis or COVID-19 pandemic, the coordination between participants becomes critical.
Central banks injected liquidity and cut rates.
Governments implemented fiscal stimulus.
Institutional investors rebalanced portfolios toward safer assets.
Retail investors used market dips as buying opportunities.
Such coordinated yet diverse actions reflect how the global market’s resilience depends on its participants’ adaptability.
6. Challenges and Risks for Market Participants
Despite advances, participants face persistent challenges:
Volatility and uncertainty: Driven by geopolitical events and rate changes.
Currency fluctuations: Affect cross-border investments and trade.
Regulatory tightening: Especially after financial crises.
Technological risks: Cyberattacks and algorithmic malfunctions.
Liquidity risks: Especially during sudden market stress.
Participants must balance risk and reward using advanced hedging, diversification, and compliance strategies.
7. The Future of Global Market Participation
The next decade will redefine global participation patterns through:
Sustainable investing (ESG): Institutions prioritizing environmental and social factors.
Decentralized finance (DeFi): Blockchain enabling peer-to-peer trading.
Cross-border digital assets: Cryptocurrencies becoming mainstream.
AI-driven trading ecosystems: Enhancing efficiency but raising ethical concerns.
The blend of traditional and digital participants will create a hybrid global market that is more inclusive, transparent, and data-centric.
8. Conclusion
Global market participants are the lifeblood of the international financial system. Each plays a distinctive yet interconnected role in maintaining liquidity, enabling capital formation, and ensuring efficient price discovery. From central banks that dictate monetary policy to individual traders executing positions on mobile apps, every participant contributes to the constant pulse of global finance.
As globalization deepens and technology evolves, the diversity and complexity of market participants will continue to expand. Understanding their functions, interrelations, and influences is not just essential for traders or economists — it’s vital for anyone seeking to grasp how modern finance truly operates.
In essence, the story of global markets is the story of its participants — dynamic, interdependent, and constantly evolving in pursuit of opportunity, stability, and growth.
ETH will Tank - Zoomed Out LookHere is a zoomed out look at the ETH chart, which has been working on this ascending channel structure ( single mid point shown ).
Short Entry - 4,460 to 4,500
Stop Loss - 4,800
Target 1 - 3,370
Target 2 - 2,550
Target 3 - 1,650
Target 4 - 200
Don’t believe the stability of this market. God speed.
#ETH Potential Bearish Structure📊 #ETH Potential Bearish Structure 📉
🧠From a structural perspective, we've been capped by the blue descending trendline and have retreated after hitting heavy resistance at 4522. There's a chance we could form a bearish head-and-shoulders pattern on the hourly chart.
➡️A break below the neckline or the yellow ascending support line would strengthen the bearish signal.
🤜If you like my analysis, please like 💖 and share 💬
BITGET:ETHUSDT.P
ETH/USDT | ETH Weekly Setup – Strong Demand Pushes Toward $6K!By analyzing the Ethereum chart on the weekly timeframe, we can see that after entering the $3,800 demand zone, ETH gained strong buying pressure and reached the $4,200 and $4,600 targets.
Currently, Ethereum is trading around $4,500, up about 19%, and I expect further bullish movement soon. The next upside targets are $4,950, $5,500, and $6,000.
THE LATEST TA :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Eth Update📈 Ethereum (ETH)
According to Bitget’s daily technical ratings, ETH leans Buy: moving averages are mostly bullish, though some oscillators are mixed.
On TradingView, ETH is in a consolidation zone, and a bullish MACD crossover is being watched as a possible trigger for a move up (~10-12%) in the near term.
Coinalyze shows ETH is trading under its 20 and 50 EMA in shorter timeframes, which suggests some resistance overhead.
Insight: ETH is balancing between resistance and support zones. If buyers break above the near-term resistance with volume, we could see continuation. But weakness below key MAs could tilt momentum back to the downside. Be alert for a breakout signal.
ETH 1H Analysis - Key Triggers Ahead | Day 30❄️ Welcome to the cryptos winter , I hope you’ve started your day well.
⏰ We’re analyzing ETH on the 1-Hour timeframe .
👀 On the 1-hour timeframe for Ethereum, we can see that after reaching its resistance area at $4510, it reversed from that zone and moved downward. At the same time, Ethereum had support at $4461; if this support breaks, it could enter a healthy correction and head toward its marked support levels, forming a new structure afterwards. At that point, we could consider entering an Ethereum position. However, since breaking the level highlighted in previous analyses, Ethereum has already gained 11% up to now.
🧮 Looking at the RSI oscillator, we see that for roughly a day it stayed above the 50 area up to the overbuy boundary near 70. The 70 zone then acted as a static resistance, preventing Ethereum from entering its overbought state. As a result, selling pressure started, and price is now heading toward its swing support around 44.
🕯 The volume, count, and size of buy candles during the recent upward leg were strongly increasing, but not as strong compared to Bitcoin, since Bitcoin dominance didn’t drop significantly. Consequently, now we see sell candles increasing after hitting the 4510 resistance, completing a pullback from its bullish leg.
💸 Looking at the BINANCE:ETHBTC trading pair, we see that it moved upward along with ETH/USDT, but the percentage move was weaker than the tether pair. Whale interest in this pair is currently low, and it may not hold strong weight for them, especially since Bitcoin dominance didn’t fall heavily in this phase. The next trigger level for a breakout and rally in ETH/BTC is around 0.03753; if that zone breaks, Ethereum’s relative value could increase significantly.
🧠 For an Ethereum position, I think we should wait until a new structure forms, with fresh support and resistance zones created by whales. Then, after a breakout of that new structure, we could enter a trade. Another reason I don’t have an immediate scenario for Ethereum is that it has already rallied 11% and is now within a corrective phase.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
Ethereum: Bullish ContinuationEthereum: Bullish Continuation
Ethereum recently broke out of a bullish triangle pattern, which usually signals a bullish move. After this breakout, the price is now pushing higher with strong momentum.
The first target is around 4450, where ETH could face resistance.
If it breaks that level, the next target is around 4600, which is a stronger resistance zone.
Overall, the chart suggests that ETH is in a bullish continuation pattern, and as long as it stays above the breakout zone, it could keep moving upward step by step toward those targets.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Ethereum: false breakout confirmed — buyers target higher levelsHi traders and investors!
This analysis is based on the Initiative Analysis concept (IA).
On the daily timeframe, there is a sideways range with boundaries marked by black lines.
The price has returned inside the range. Buyers absorbed the seller’s candle that interacted with the lower boundary on increased volume (see the related post) — a classic false breakout pattern.
Now, with strong daily candles on rising volume, the buyer is pushing toward the upper boundary of the range. The price has already reached 4500, and next I expect 4800, 5000, and eventually 5,600 (see related posts).
Wishing you profitable trades!






















