ETH/USDT 4H Chart Analysis – Bullish Continuation with Profit

2 giu

You're currently in a solid long position from 2,476.60, and with the price now at 2,537, your unrealized P&L shows strong gains (+$6,322.66). The technicals support your trade with the following highlights:

📊 Key Technical Insights:

Entry Zone: 2,476 – 2,488 (ideal long from OB + 0.786 fib retrace)

OB 4H Supply Target: 2,616.99 – potential area of resistance

Current Price Reaction Zone:

2,550 tapped and acting as interim resistance

Midterm pullback expected toward 2,514–2,490 before another leg up

🎯 Targets:

TP1: 2,550 (hit)

TP2: 2,616.99 (next key resistance/OB)

TP3: Trail to 2,660+ if momentum sustains

🛑 Stop-Loss Consideration:

Below 2,474 = invalidation of structure reclaim

🔁 Possible Scenarios:

Continuation to OB 4H
✔️ Breaks and holds above 2,550
✔️ Momentum push to 2,616

Retest Before Push
🔁 Pullback to 2,514 or 2,488 zone
🔁 Reaccumulation for next move

Failure Risk
❌ Rejection from 2,550–2,560
❌ Break below 2,474 = setup invalidated

📌 “Strong move off the lows with excellent risk-reward. Watch OB 4H at 2,616 closely for next decision zone.”

3 giu

Trade chiuso: obiettivo raggiunto

Okay. TP hits