ETH/USDT (Ethereum vs Tether) on the 2-hour timeframe...

ieri

ETH/USDT (Ethereum vs Tether) on the 2-hour timeframe, the pattern drawn is a symmetrical triangle — a consolidation setup that often leads to a strong breakout.

Here’s the target breakdown based on my chart:


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📈 Current breakout level:

Around $3,950 – $3,960

🎯 Target 1 (short-term):

Around $4,350 – $4,370

This is the first target after the breakout, matching my chart’s lower target point.
(≈ +10% move from the breakout)


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🎯 Target 2 (extended / major):

Around $4,700 – $4,750

This is the second target — the measured move from the triangle’s height projected upward.
(≈ +18%–20% move from the breakout)


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⚠ Support / Stop-loss suggestion:

If price closes back below $3,900, it may invalidate the breakout and signal a false move.


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✅ Summary:

Breakout point: $3,950

Target 1: $4,350

Target 2: $4,700

Stop loss: $3,900

ieri

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