ETH/USDT 1H: Hidden Bullish Divergence – $3,300 on the Horizon?!
ETH/USDT 1H Analysis
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Current Market Structure:
Smart Money Concepts:
Key Levels:
Risk Score:
7/10 – Favorable R:R ratio with clear invalidation point below $2,650.
Market Maker Intent:
Confidence Level:
8/10 – Bullish bias supported by strong technical structure and volume profile.
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
Current Market Structure:
- Price at $2,785 consolidating in equilibrium zone after recovering from the $2,400 low.
- RSI showing hidden bullish divergence, confirming strong momentum with higher lows.
- Market structure remains bullish, but a clean break of $2,900 is required for continuation.
Smart Money Concepts:
- Market Makers likely accumulating in the $2,750-$2,780 range, shaking out weak hands.
- Liquidity resting above $2,900, suggesting potential breakout to premium zones.
- Volume profile supports bullish continuation if resistance is cleared.
Key Levels:
- Entry Zone: $2,750-$2,780
- Targets:
- T1: $2,900 (key resistance)
- T2: $3,100 (psychological level)
- T3: $3,300 (premium zone)
- Stop Loss: Below $2,650 (recent swing low).
Risk Score:
7/10 – Favorable R:R ratio with clear invalidation point below $2,650.
Market Maker Intent:
- Liquidity appears to be building above $2,900, indicating Smart Money's intent to push higher.
- A break of $2,900 could trigger significant upward momentum toward premium zones.
- Recommendation:
- Long positions favorable within the $2,750-$2,780 range.
- Monitor for volume confirmation above $2,900 before adding to positions.
Confidence Level:
8/10 – Bullish bias supported by strong technical structure and volume profile.
🚀 Follow me on TradingView if you respect our charts! 📈 Daily updates!
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.