【$ETH Signal】Pullback on the dip + Healthy retracement after a strong breakout on the 4H chart
$ETH The 1H timeframe is currently in a healthy retracement phase after a strong rally, with the price stabilizing above the EMA20 (2002). The 4H chart shows a massive bullish candle establishing an upward trend. The current consolidation with decreasing volume presents an excellent second entry opportunity.
🎯Direction: Long (Long)
⚡Entry/Order: 1981.77 - 2006.10
🛑Stop Loss: 1945.00
🚀Target 1: 2080.00
🚀Target 2: 2150.00
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position size by 50% and immediately move the stop loss to the entry price. Hold the remaining position toward Target 2. If the price retraces and breaks the trailing stop, exit unconditionally.
(Depth Logic: The 4H chart shows a massive breakout from the previous consolidation zone, with buy orders accounting for 52%, indicating dominant control by large traders. The RSI on the 1H chart (62.9) is healthy after a pullback from overbought territory, with no bearish divergence. The order book depth shows a large sell wall at 2042.93, which, if broken through by buying pressure, could trigger a short squeeze. Technical indicators EMA20/50 are in a bullish alignment. The suggested entry zone precisely matches the 1H EMA50 and the previous breakout neckline, making it an ideal low-risk sniper entry point. )
Check real-time quotes 👇 $ETH
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【$ETH Signal】Pullback on the dip + Healthy retracement after a strong breakout on the 4H chart
$ETH The 1H timeframe is currently in a healthy retracement phase after a strong rally, with the price stabilizing above the EMA20 (2002). The 4H chart shows a massive bullish candle establishing an upward trend. The current consolidation with decreasing volume presents an excellent second entry opportunity.
🎯Direction: Long (Long)
⚡Entry/Order: 1981.77 - 2006.10
🛑Stop Loss: 1945.00
🚀Target 1: 2080.00
🚀Target 2: 2150.00
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position size by 50% and immediately move the stop loss to the entry price. Hold the remaining position toward Target 2. If the price retraces and breaks the trailing stop, exit unconditionally.
(Depth Logic: The 4H chart shows a massive breakout from the previous consolidation zone, with buy orders accounting for 52%, indicating dominant control by large traders. The RSI on the 1H chart (62.9) is healthy after a pullback from overbought territory, with no bearish divergence. The order book depth shows a large sell wall at 2042.93, which, if broken through by buying pressure, could trigger a short squeeze. Technical indicators EMA20/50 are in a bullish alignment. The suggested entry zone precisely matches the 1H EMA50 and the previous breakout neckline, making it an ideal low-risk sniper entry point. )
Check real-time quotes 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #贵金原油价格飙升