ETH Ethereum Analysis: Waiting for Confirmation at a Key Level

28. Okt.

📊 Currently analyzing Ethereum (ETH) — on the 4H timeframe, price action has broken structure and tapped into a major external range high, aligning perfectly with a significant resistance zone. ⚡

When we zoom into the 30-minute chart, applying tools like the Anchored VWAP and Volume Profile, we can clearly observe a deep retracement beneath both the VWAP and a key value area. This suggests a period of indecision where price could break in either direction — 🚀 a clean breakout above may trigger a long opportunity, while a rejection and move lower could present a short setup.

At this stage, patience is key — we’re simply waiting for the market to reveal its hand before committing to a bias. 🎯

📉 Disclaimer: This analysis is for educational purposes only and not financial advice. Always conduct your own research before trading.

1. Nov.

Trade ist aktiv

Nice outcome with the break under the range as mentioned in the video ✅💰