ETH/USDT Chart Overview (Short-Term Trading Idea)
- **Current Price**: ~$2,516.91
- **Volume**: 11.91K (moderate activity)
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### 💡 **Trading Idea: Short-Term Bounce Play and then bloodbath.**
#### ✅ Setup
- Wait for ETH to retest the $2,100–$2,2000 support zone
- Look for bullish candlestick patterns (e.g. engulfing, hammer)
- Confirm with rising EMA or bullish divergence in RSI (if available)
#### 🚀 Entry
- Buy near $2,280 if price shows strength
#### 🛑 Stop Loss
- Around $2,220 (below recent support and wick levels)
### 🧠 Notes for Strategy
- Keep your position size conservative due to high intraday volatility.
- News around BTC can affect ETH—watch both charts.
- Great for scalping or a quick day trade, not ideal for long-term holds in this timeframe.
NFA
DYOR
- **Current Price**: ~$2,516.91
- **Volume**: 11.91K (moderate activity)
---
### 💡 **Trading Idea: Short-Term Bounce Play and then bloodbath.**
#### ✅ Setup
- Wait for ETH to retest the $2,100–$2,2000 support zone
- Look for bullish candlestick patterns (e.g. engulfing, hammer)
- Confirm with rising EMA or bullish divergence in RSI (if available)
#### 🚀 Entry
- Buy near $2,280 if price shows strength
#### 🛑 Stop Loss
- Around $2,220 (below recent support and wick levels)
### 🧠 Notes for Strategy
- Keep your position size conservative due to high intraday volatility.
- News around BTC can affect ETH—watch both charts.
- Great for scalping or a quick day trade, not ideal for long-term holds in this timeframe.
NFA
DYOR
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.
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.