Ethereum: Slipped belowEthereum recently slipped back below support at $3,357 and is currently struggling to reclaim this level. In line with our primary scenario, we expect further downside below this threshold to complete magenta wave within the lower magenta Target Zone ($2,749 – $2,149). From there, a significant corrective rally is likely, targeting the high of magenta wave (B) in the upper magenta Target Zone ($5,805 – $7,326).
Trade ideas
ETH at critical level around 200SMALast time ETH hovered around it, it acted as a resistance to the price action. after ETH broke up from it they were far apart until now, if ETH hold around and above it, it is going back to the 4K USD in no time. Also it looks like ETH respects the 50% Fibonacci level. Im buying BMNR!
#ETH/USDT Does this scenario cross your mind? What if…#ETH
The price is moving in a descending channel on the 1-hour timeframe and is expected to break out and continue upwards.
We have a trend to stabilize above the 100-period moving average again.
We have a downtrend on the RSI indicator, which supports an upward move if it breaks above it.
We have a key support zone in green that pushed the price higher at 3186.
Entry price: 3230
First target: 3286
Second target: 3350
Third target: 3421
For risk management, don't forget your stop-loss and money management.
The stop-loss should be below the green support zone.
Upon reaching the first target, take some profits and then change your stop-loss order to an entry order.
For any questions, please comment.
Thank you.
ETHUSD📉 Double Top – Strong Sell Opportunity
Pattern Overview
A Double Top is a bearish reversal chart pattern that typically forms after an extended uptrend. It signals that the buying pressure is weakening and that sellers are preparing to take control. This setup consists of two distinct peaks (tops) at approximately the same price level, separated by a moderate trough (the neckline).
When the price breaks below the neckline after forming the second top, it confirms the pattern completion and presents a strong sell opportunity.
Pattern Structure
First Top:
Forms after a prolonged bullish trend.
Marks the first significant resistance where price fails to advance further.
Volume typically starts to decline as buying pressure weakens.
Pullback / Neckline Formation:
Price retraces from the first top to find temporary support — this level forms the neckline.
The neckline acts as a critical level for confirmation.
Second Top:
Price rises again but struggles to break above the first top.
Often accompanied by lower volume, indicating reduced buyer interest.
A potential bearish divergence may appear on oscillators (like RSI or MACD).
Breakdown / Confirmation:
The sell signal is confirmed when the price breaks below the neckline with strong bearish momentum and increased volume.
This breakdown signals a trend reversal from bullish to bearish.
Trading Strategy
Entry (Sell Setup)
Entry Point: Enter a short position when the price closes below the neckline with strong bearish confirmation (candle body close below support).
Aggressive traders may enter slightly before the break if other indicators (divergence, bearish candlesticks) support the setup.
Stop Loss Placement
Place the stop loss just above the second top (or slightly above recent resistance).
This protects against false breakouts or pattern invalidation.
Take Profit Targets
Target 1: Equal to the height of the pattern (distance between the tops and neckline), projected downward from the neckline.
Target 2: Use support zones or Fibonacci levels as secondary targets for extended moves.
Risk–Reward Ratio
The ideal setup should offer at least 1:2 or better risk-to-reward ratio.
Wait for volume confirmation to avoid premature entries.
Technical Indicators Confirmation
Volume: Decreasing on second top, increasing on breakdown.
RSI: Bearish divergence (lower high on RSI while price makes equal highs).
MACD: Bearish crossover or divergence supports the sell bias.
Moving Averages: Price crossing below key moving averages (e.g., 20- or 50-period) adds confirmation.
Example Market Context
Suppose EUR/USD has been trending upward and forms two peaks near 1.1200 with a neckline near 1.1100.
After failing twice to break above 1.1200, price drops below 1.1100 with high volume — this confirms the Double Top.
Sell Entry: 1.1085
Stop Loss: 1.1215
Take Profit: 1.0965 (pattern height = 120 pips)
Key Takeaways
The Double Top pattern marks a transition from bullish to bearish momentum.
Wait for neckline confirmation to avoid false signals.
Combine pattern analysis with volume, oscillators, and market context for stronger confirmation.
Discipline in execution (entry, stop, and target) ensures effective risk management.
Gold as a Safe Haven Asset: Myth or Reality?1. Understanding the Concept of a Safe Haven Asset
A safe haven asset is an investment expected to retain or increase its value during times of market volatility or economic downturns. Investors typically seek safe havens when confidence in traditional assets like equities, bonds, or currencies weakens. Such assets provide protection against inflation, currency devaluation, or geopolitical instability.
Classic examples of safe haven assets include U.S. Treasury bonds, the Swiss franc, and, traditionally, gold. The rationale behind gold’s safe haven status stems from its intrinsic value—it is a physical asset, cannot be printed like paper money, and has been used as a store of value across civilizations for thousands of years.
2. Historical Perspective: Gold’s Enduring Legacy
Gold’s reputation as a safe haven has deep historical roots. In times of war, inflation, and currency collapse, people turned to gold to preserve their wealth. During the Great Depression (1930s), the gold standard provided a sense of monetary stability until it was eventually abandoned to allow governments greater control over fiscal policies.
Similarly, during World War II, gold played a crucial role in international trade and as a means of settling debts. In more recent times, during the 2008 Global Financial Crisis, gold prices surged as investors fled from collapsing equity markets and unstable banking systems. From around $650 per ounce in 2007, gold prices soared to over $1,800 by 2011. Such historical patterns reinforce the perception that gold acts as a financial refuge during chaos.
3. Economic Logic: Why Gold Retains Value
Gold’s safe haven status is often justified by several economic principles:
Limited Supply: Unlike fiat currencies, which can be printed at will, gold’s supply is finite. This scarcity contributes to its long-term value preservation.
Intrinsic Value: Gold has industrial and ornamental uses, but more importantly, it carries a universally recognized intrinsic worth.
No Counterparty Risk: Unlike stocks or bonds, gold is not dependent on a company’s performance or a government’s creditworthiness. Holding physical gold eliminates the risk of default.
Inflation Hedge: Gold often performs well during inflationary periods, as its price tends to rise when the purchasing power of currency declines.
These attributes make gold appealing during uncertain times, leading many investors to include it in diversified portfolios as a stabilizing asset.
4. Gold’s Performance During Crises
To assess whether gold truly behaves as a safe haven, it is essential to examine its behavior during major economic shocks:
2008 Financial Crisis: Gold prices increased sharply, offering protection when equity markets crashed. Investors viewed it as a store of value amid collapsing confidence in financial institutions.
COVID-19 Pandemic (2020): Initially, gold prices dipped as investors liquidated assets for cash. However, once the panic phase passed, gold rebounded, reaching a record high of over $2,000 per ounce by mid-2020.
Russia-Ukraine Conflict (2022): Amid geopolitical uncertainty and energy price volatility, gold once again gained traction, as investors sought safety from global instability.
These examples demonstrate that while gold may experience short-term volatility, it generally preserves value over the long term, especially during systemic crises.
5. Gold vs. Other Safe Haven Assets
While gold is often considered the ultimate safe haven, it is not the only one. U.S. Treasury bonds, for instance, are backed by the U.S. government and tend to perform well when investors seek stability. Similarly, the Swiss franc and Japanese yen are considered “safe haven currencies” due to the economic and political stability of their issuing nations.
However, unlike government bonds or currencies, gold does not yield interest or dividends. Its return depends solely on price appreciation. This makes it less attractive during periods of rising interest rates when fixed-income assets offer better yields. Thus, gold’s appeal as a safe haven can fluctuate depending on monetary policy, inflation, and investor sentiment.
6. Limitations and Criticisms
Despite its historical reputation, gold is not immune to criticism as a safe haven asset.
Some key limitations include:
Volatility: Contrary to popular belief, gold can be highly volatile in the short term. Price fluctuations driven by speculative trading, central bank policies, or changes in global demand can lead to sudden declines.
No Productive Value: Gold does not generate income, dividends, or economic productivity. It is essentially a passive asset, which means it can underperform compared to equities during periods of economic growth.
Market Perception: Much of gold’s “safe haven” status is psychological. Investor sentiment and herd behavior can amplify its demand during crises, but this may not always reflect fundamental value.
Storage and Security Costs: Physical gold involves storage and insurance costs, which can erode its effective returns over time.
Hence, while gold often provides protection, it is not infallible and should not be viewed as a guaranteed safeguard against all market risks.
7. The Role of Central Banks and Institutional Demand
Central banks play a crucial role in sustaining gold’s safe haven image. Many countries hold substantial gold reserves as part of their foreign exchange management strategy. For instance, nations like the United States, Germany, China, and India collectively hold thousands of tons of gold in reserves.
These holdings reflect a broader institutional belief that gold offers protection against currency depreciation, inflation, and global uncertainty. When central banks increase their gold reserves, it often signals a lack of confidence in paper currencies, further reinforcing gold’s status as a store of value.
8. Psychological and Cultural Dimensions
Beyond economics, gold carries deep cultural and psychological significance. In many societies, particularly in India and parts of Asia, gold is seen as a symbol of prosperity, security, and social status. This cultural attachment ensures consistent demand regardless of financial market trends.
Moreover, during times of crisis, human psychology gravitates toward tangible assets. The physicality and historic prestige of gold give investors emotional reassurance, making it a “comfort asset” during periods of fear and uncertainty.
9. The Modern Investment Landscape
In recent years, the emergence of digital gold, exchange-traded funds (ETFs), and cryptocurrencies has transformed gold’s role in modern portfolios. Digital and paper forms of gold make investing more accessible, but also blur the distinction between physical and financial gold.
Cryptocurrencies like Bitcoin have also been promoted as “digital gold,” offering decentralization and limited supply. However, their extreme volatility and short history make them unreliable as true safe havens compared to gold’s millennia-long track record.
10. Conclusion: Myth or Reality?
The idea of gold as a safe haven asset is part reality and part perception. Historically and economically, gold has proven its ability to preserve value during periods of crisis, inflation, and geopolitical tension. It remains an essential hedge in diversified portfolios and continues to command trust globally.
However, it is not flawless. Gold can be volatile, unproductive, and influenced by sentiment rather than fundamentals. Thus, while gold is not an absolute shield against financial loss, it remains one of the most reliable and time-tested assets for wealth preservation in uncertain times.
In conclusion, gold’s safe haven reputation is not a myth—but it is not an unshakable truth either. Its true value lies in its role as a strategic hedge, a stabilizer within a broader investment strategy, and a reminder that in times of uncertainty, trust in tangible, enduring value never truly fades.
Ethereum: The Jewel of the Money-Printing EraEthereum has once again proven its resilience. After tagging new all-time highs near the $5,000 zone — right in line with prior expectations — the recent ABC corrective move down to the $3,000 region appears to be nothing more than a healthy reset within a much larger bullish cycle.
This correction has shaken out the weak hands while smart money quietly accumulates. On-chain data continues to show strong holding behavior among long-term wallets, with staking and Layer 2 growth tightening supply at a time when global liquidity is expanding again.
Let’s face it — we live in the money-printing era. Central banks can’t stop expanding balance sheets. Debt keeps climbing, interest payments grow unsustainable, and the only escape valve left is higher asset prices. In such an environment, scarce digital assets like Ethereum are not just speculative plays — they’re refuges from fiat decay.
Ethereum isn’t just a coin; it’s the backbone of decentralized finance, NFTs, and Web3. Every new wave of innovation still finds its way back to the ETH network, reinforcing its role as the digital oil of the new economy.
Technically, as long as the $3,000-$2,500 correction base holds, the next impulse wave could target $6,000 and beyond.
In a world drowning in printed money and endless debt, Ethereum remains the shining jewel — a true asset of the new financial order.
ETH - Discipline: My Path in Swing TradingHey, friends! Today I'm sharing a story about discipline that's changing my trading right now. I spotted a signal on ETH - entry around 3300, stop at 2980, profit target 4037. The chart shows growth potential after correction, volumes confirm, but the market tests nerves: price jerks, news about regulations sow doubts. I strictly stick to the plan, not moving the stop, and wait as the position develops. Through this, I understand about myself: before, I'd exit prematurely, losing due to fear, but discipline teaches to trust the strategy.
In my practice, 40% of success is personal stories, like this with ETH, where I risk but follow rules. 30% of growth is self-knowledge: I realized that discipline turns impulses into calculation. Here the rules of the game are simple: always calculate risks in advance, stops are a shield from losses, profit targets fix the exit, and the market shows that success is in consistency, step by step, without haste.
In the market, 20% insights: discipline helps filter noise, focusing on trends. And 10% news, like recent ETF updates, which remind: without strict rules, even good events lead to losses.
This experience makes me stronger not only as a trader, but as a person. I noticed, applying it in everyday life, I achieve goals easier. Friends, develop discipline it's the key to value in trading.
How has discipline saved your deal?
Eth/Usd - Rejection Setup Targeting $3,250Ethereum is currently trading around the $3,435 zone, testing a strong resistance area between $3,450–$3,500. Price has previously rejected this zone multiple times, forming a clear double-top pattern.
The support zone sits near $3,220–$3,260, where buyers have stepped in several times before. Unless ETH breaks above resistance with strong volume, a pullback toward the support zone remains likely.
Bias: Bearish below $3,450
Target: $3,250
Invalidation: Break and close above $3,500
Eth bull moveBased on basic market structure... we are still bullish... 68.1 fib we can head 10k... If the dollar continues to print so will crypto. We can't lose. American has to print and the goverment shutdown pauses printing. Once we start printing expect a rip. If the printing starts next week. Expect ETH to 10k.
ETHEREUM FREE SIGNAL|SHORT|
✅ETHUSD is reacting from a premium supply level after internal liquidity sweep and mitigation of an old imbalance. Expect bearish delivery toward the sell-side liquidity below.
—————————
Entry: 3,457.5$
Stop Loss: 3,502$
Take Profit: 3,400$
Time Frame: 2H
—————————
SHORT🔥
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ETH Losing Range Midpoint? Similarly to Bitcoin, Ethereum finds itself around the midpoint of the high time frame range, only ETH has already lost the level and has rejected when retesting. Such a lack of strength is concerning for the project as well as the broader altcoin market.
So there are a few actionable moves I'm looking out for:
Bullish scenario is we maybe chop for a while around/under the midpoint then with high volume the midpoint gets flipped with conviction. That would open the door for the top half of the range to be accessible again. I think this scenario relies on the US Government shutdown coming to an end and QT also ending. Right now there just isn't the liquidity needed to prop up prices hence the slow bleed.
Bearish scenario is a simple continuation of the local bearish trend where 0.25 ($2,800) is the target. This area signaled the break in structure responsible for the previous rally and so I believe it will provide support but is also the target for the bears to reach.
ETH/USD (Ethereum vs U.S. Dollar) on 2-hour timeframe...ETH/USD (Ethereum vs U.S. Dollar) on what seems to be the 2-hour timeframe.
Here’s what’s visible:
The chart shows a descending trendline (downtrend) and a horizontal support zone around the $3,200 area.
My marked two “Target Points” above, suggesting a bullish reversal setup from that support.
🎯 Target Levels (approximate based on chart scale)
1. First Target Point: around $3,450 – $3,480
→ This aligns with the first resistance zone and the projected move from the descending breakout.
2. Second Target Point: around $3,720 – $3,750
→ This represents the measured move from the pattern height projected upward — the next major resistance.
---
⚙ Summary
Current Price: ≈ $3,283
Support Zone: ≈ $3,200
1st Target: $3,450
2nd Target: $3,720
Bias: Bullish breakout expected if ETH/USD breaks above the descending trendline and confirms above the Ichimoku cloud.
Ethereum Bear Flag Below $3,510FenzoFx—Ethereum remains below the $3,510.00 resistance and descending trendline, consolidating near $3,237.00 in a bear flag. The November 4 drop created a liquidity void with resistance at $3,673.00.
As long as ETH trades below this level, the bearish outlook holds. A breakdown could retest support at $3,040.00, and if selling pressure continues, the decline may extend toward the next liquidity void at $2,771.00.
No-Coding Trading Strategies . Super trend StrategyTrading automation is no longer just for developers or quant experts. With no-coding tools like Signum and TradingView, anyone can now build and automate trading strategies.
Here’s why this approach is game-changing 👇
-Accessibility: Anyone with a TradingView account can create and automate their own trading bot.
-Consistency: The bot executes trades 24/7 — no emotion, no burnout.
-Scalability: Once you set up one bot, you can easily clone it for multiple coins or trading pairs.
How It Works:
When your TradingView strategy sends a buy or sell signal, Signum receives it through a webhook and instantly executes the order on your chosen exchange (like Binance, Bybit, or Kraken). The process is fully automated — you set it once and it runs on its own.
Setup is simple:
1. Create a bot on Signum and connect your exchange via API.
2. Copy your webhook details.
3. Add them into a TradingView alert.
4. Hit “Create” — and your no-coding strategy is live.
Each bot operates in a separate sub-account, keeping funds secure and trades organized. It’s ideal for swing or trend-following strategies and gives you full control over your setup.
The best part? You don’t need to be a tech genius. Just pick a solid TradingView strategy (like Supertrend, MACD, or Breakout), test it, and let automation handle the rest.
TheCryptoFire
ETH/USD — Ethereum Battles to Hold Key Support Near $3,168 Amid Ethereum (ETH/USD) continues to feel the ripple effects of Bitcoin’s recent sell-off, dropping to $3,061 — its lowest level since mid-July. Despite a brief rebound toward $3,382, the altcoin remains under pressure, trading below its 200-day EMA for the first time since early summer — a strongly bearish technical signal.
Heavy outflows of over $835M from spot Ethereum ETFs underline a growing lack of confidence among institutional investors, even as the Ethereum Treasury Bitmine continues to accumulate holdings above 3.4 million ETH. The current chart structure remains fragile, and the much-anticipated “year-end rally” now appears increasingly at risk.
For bulls to regain control, ETH must reclaim the $3,500–$3,603 zone — the confluence of the October low, the lower trend channel boundary, and the EMA200. Failure to close above this resistance would leave the pair vulnerable to renewed selling pressure toward the key support area near $3,168.
⸻
Bullish Scenario — Levels to Watch
• $3,500–$3,603 → Critical resistance zone and EMA200 test.
• $3,711 → 38% Fibonacci retracement and prior October support.
• $3,910–$3,991 → Blue resistance zone with the 50% Fib retracement and 50-day EMA.
• $4,098 → Supertrend level; breakout here would mark a mid-term reversal.
• $4,248–$4,483 → Extended Golden Pocket and profit-taking zone.
• $4,606–$4,750 → Ultimate bullish targets, requiring a daily close above moving averages.
If ETH successfully defends $3,287 and breaks through $3,603, a move toward $3,711 would confirm renewed bullish momentum. A sustained rally above $3,910 could open the path toward $4,098 and $4,248, but bulls will likely face profit-taking near these upper resistance zones unless strong ETF inflows return to the market.
⸻
Bearish Scenario — Risk Zones
• $3,399–$3,365 → Initial short-term support.
• $3,168–$3,061 → Key defensive zone for bulls; a breakdown here signals deeper losses.
• $2,905–$2,862 → Yellow zone, origin of July’s rally — potential short-term demand area.
• $2,663 → Mid-level structural support.
• $2,565–$2,458 → Dark green zone, 61% Fibonacci retracement — ultimate bearish target.
The breakdown from the descending channel earlier this week confirms that bears remain in control. A clear move below $3,168 would likely extend the correction toward $2,905 and potentially $2,565, marking the Golden Pocket of the current retracement.
⸻
Technical Indicators
• RSI (Daily): Deep in bearish territory — momentum remains weak.
• RSI (Weekly): Near the neutral boundary; a further decline could trigger a new sell signal.
• MACD: Still negative, showing no clear signs of bullish divergence.
• Moving Averages: The 20-day EMA (red) and 200-day EMA (blue) are trending downward, confirming medium-term weakness.
⸻
💬 Ethereum remains trapped in a bearish structure below its key moving averages. Unless bulls can reclaim the $3,500–$3,600 resistance area, further declines toward $3,061 or even the $2,800 zone remain likely. A daily close above $3,603 would be the first sign that buyers are regaining control.
Heading into key resistance?The Ethereum (ETH/USD) is rising towards the pivot which is a pullback resistance and could reverse to the 1st support.
Pivot: 3,691.29
1st Support: 2,954.96
1st Resistance: 3,919.62
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ETHT.A explained -
BackSide (BS)
FrontSide (FS)
Inverse BS (Inv.BS)
Inverse FS (Inv.FS)
BS & FS levels are expected support when dashed lines, tested when dotted and resistance when solid lines.
The inverse is true for the Inv. BS Inv. FS levels, they are resistance as dashed lines, tested as dotted and support as solid lines.
Monthly timeframe is color pink
weekly grey
daily is red
4hr is orange
1hr is yellow
15min is blue
5min is green if they are shown.
strength favors the higher timeframe.
2x dotted levels are origin levels where trends have or will originate. When trends break, price will target the origin of the trend. its math, when the trend breaks, the vertex breaks too so the higher timeframe level/trend that breaks, the more volatility there could be as strength in the orders flow in to fuel the move.
Ethereum (ETH/USD)Asset: Ethereum (ETH/USD) on Bitstamp.
Timeframe: 1D (daily).
Current Price: $3,336 (down 2.58%).
Ascending channel marked in blue, with dynamic support in the red zone and a white line as additional support.
Key Fibonacci level: 0.641 around $1,519.
RSI indicator with divergences and marked “Bull” and “Bear” signals.
Technical Analysis
Main Trend
The price has remained within a broad ascending channel since mid-2022. Despite the recent correction, it continues to respect the structure.
Support and Resistance Levels
Strong Support: $3,200 (near the lower edge of the blue channel).
Critical Support: $1,519 (0.641 Fibonacci level, historical zone).
Resistance: $4,000 (recent highs within the channel). RSI
Currently in the middle zone (not overbought), indicating room for a rebound if the bullish structure holds.
Bullish Forecast
Optimistic Scenario:
If the price respects the channel support ($3,200) and rebounds, it could retest the upper channel line at $4,200-$4,500 around Q1 2026.
Conservative Scenario:
Consolidation between $3,000 and $3,800 over the next few weeks before resuming the upward trend.
Invalidation Scenario:
If it breaks the white line and the red channel, it could fall to $2,500 or even $1,500 (Fibonacci retracement).
Ethereum Drowning: 3500 Round Figure in Jeopardy, 3000 Awaits?🌊 Ethereum Drowning: 3500 Round Figure in Jeopardy, 3000 Awaits? 📉
ETH/USD (4H Timeframe) Analysis
Ethereum is facing intense selling pressure, mirroring the broader crypto market downturn. After failing to reclaim critical resistance levels, ETH has broken through several major supports and is now testing the key psychological level of 3500.
1. The Bearish Structure and Resistance Zones
The chart clearly illustrates a significant failure of the bulls to sustain momentum, leading to a strong downtrend.
🛑 4200 to 4300 Strong Resistance: This upper red zone was the ceiling for the entire period shown. The repeated inability to break above this area confirmed strong overhead supply.
🔴 3850 to 3950 1st Key Resistance: This zone served as a frequent turning point during the consolidation phase. Having been lost, it now represents the most immediate and critical resistance for ETH. Reclaiming this zone is essential for any sign of a bullish reversal.
⚠️ 4085 Intermediate Resistance: An important minor level that also contributed to the overall bearish structure.
2. Current Price Action and Support Levels
The recent price action is defined by a sharp breakdown below the established consolidation range.
💥 3700 Support Broken: The green box at 3700, which served as support throughout the extended consolidation period, has been decisively lost. This signals a structural break to the downside.
⚪ 3500 Round Figure Testing: The price is currently battling around the 3500 major round figure. The black box highlights this ongoing test. A confirmed break and hold below 3500 would open the floodgates for further selling.
🛡️ 3000 Key Support Level: The market is now looking toward the ultimate demand zone at the 3000 Key Support Level (deep green box). This is the next major psychological and technical support, likely to be the target if 3500 fails to hold.
3. Trade Plan Scenarios
Bears (Short):
Entry Trigger: A confirmed breakdown and candle close below the 3500 Round Figure Testing zone.
Target: The next major demand zone at the 3000 Key Support Level.
Bulls (Long):
Entry Trigger: A successful defense of the 3500 level, followed by a strong close and push above the 3700 broken support.
Target: A retest of the 3850 to 3950 Key Resistance zone.
In summary, Ethereum is on precarious footing, having lost its key support structure. The battle at 3500 is critical; if it fails, a move toward 3000 is highly probable.
Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.






















