Technical Analysis Report
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Technical Analysis Report
Shared by Block • 8 views
ETH
AI Analysis Summary
ETH exhibits a strong uptrend on the 4H chart with price making higher highs and lows, supported by bullish EMA alignments and momentum indicators showing sustained buying pressure amid expanding volatility, creating confluence for a swing continuation higher. Recommend entering long on pullbacks to key support with aggressive risk sizing suited for high-conviction setups, targeting weekly resistance while maintaining tight stops below recent lows to manage downside volatility.
Trade Setup
Pullback to 50 EMA or Fibonacci support
3900-4100
1:2.5
Below weekly pivot support at 3600
Decisive break below 3500 with volume
Swing trading with aggressive position sizing on confirmed bounces
Key Levels
3750
3600
4000
1:2.5
The Other Side of the Trade
Key risks include a sudden BTC downturn breaking correlation and triggering ETH sell-off below 3500, invalidating the uptrend; contrarian views highlight overbought momentum potentially leading to exhaustion and reversal if global risk-off sentiment emerges; alternative scenarios involve volatility contraction causing a range-bound consolidation instead of breakout, or bearish divergence in MACD signaling hidden weakness despite price highs.
Technical Analysis Breakdown
Model: Calc618 TA Report|Analysis ID: 28866e06|Informational only. DYOR.