BULLISH

ETH BULLISH · 12h

ENTRY2,372~2,394TARGET2,472STOP2,342
ETH chart

In 3 lines

  • Ethereum has been resting in a 2355-2565 box since surging 21% two weeks ago, and at 2435 it now sits just below the middle of that box.
  • Around 2383 the 12-hour average price line meets the box floor, and fading upward momentum points to that same level as its landing spot, stacking the reasons to buy.
  • 2355 is the last low that must hold for the uptrend to stay intact, so a break below 2342 means the read was wrong and we step aside.

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Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.

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