Ethereum (ETH/USD) - Long Setup from Key Demand Zone 🚀
📈 ETH/USD Analysis on 15-Min Chart
Ethereum has reached a key demand zone around $2,200, showing potential for a bullish reversal. The market previously rejected this level, indicating strong buying interest.
🔍 Trade Setup:
Entry: Around $2,209 (current price)
Stop Loss: Below $2,176 (marked red)
Target: $2,300 (marked green), aligning with previous resistance
📊 Key Observations:
✅ Price Reaction at Demand Zone - Buyers stepping in
✅ Potential Trend Continuation - If support holds
✅ High Risk-Reward Ratio - Favorable entry
📢 Are you bullish or bearish on ETH? Share your thoughts in the comments! 💬
#Ethereum #CryptoTrading #PriceAction #ETHUSD #TechnicalAnalysis #TradingView
📈 ETH/USD Analysis on 15-Min Chart
Ethereum has reached a key demand zone around $2,200, showing potential for a bullish reversal. The market previously rejected this level, indicating strong buying interest.
🔍 Trade Setup:
Entry: Around $2,209 (current price)
Stop Loss: Below $2,176 (marked red)
Target: $2,300 (marked green), aligning with previous resistance
📊 Key Observations:
✅ Price Reaction at Demand Zone - Buyers stepping in
✅ Potential Trend Continuation - If support holds
✅ High Risk-Reward Ratio - Favorable entry
📢 Are you bullish or bearish on ETH? Share your thoughts in the comments! 💬
#Ethereum #CryptoTrading #PriceAction #ETHUSD #TechnicalAnalysis #TradingView
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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.
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.