Can ETH break through the 1-hour resistance?
My outlook on ETH today
$ETH /USDT · Trend: LONG · 8/12 consensus signals
Technical conclusion: STRONG LONG. 8/12 consensus signals, 0 opposing signals.
✅ Daily trend: price > EMA50 > EMA200, bullish stacking
✅ 4h trend: price > EMA50 > EMA200, bullish stacking
✅ 1h trend: price > EMA50 > EMA200, bullish stacking
✅ Trend strength (ADX/DI, 15m): ADX 28.1, buyers are in control (DI+ 36.8 vs DI− 17.2)
At the moment, there are no factors indicating the opposite direction.
I’m watching ETH to enter a LONG position near 2707.60, with the daily trend rising and the 4h structure stacked above both EMAs. The 1h price is currently about 1.4 ATR above the 1h EMA50, so I’ll be wrong if the 1h price breaks down below 2657.23. I want to see the 1h RSI stay above 55 and the 4h RSI remain above 55, with an invalidation level at 2650.79.
📍 Entry: 2705.13 – 2710.07
🎯 TP1: 2745.38 | TP2: 2770.56 | TP3: 2808.34
🛑 Stop loss: 2657.23
💬 If you short instead of going long, where do you set your stop?
All the setup on the chart 👇
My outlook on ETH today
$ETH /USDT · Trend: LONG · 8/12 consensus signals
Technical conclusion: STRONG LONG. 8/12 consensus signals, 0 opposing signals.
✅ Daily trend: price > EMA50 > EMA200, bullish stacking
✅ 4h trend: price > EMA50 > EMA200, bullish stacking
✅ 1h trend: price > EMA50 > EMA200, bullish stacking
✅ Trend strength (ADX/DI, 15m): ADX 28.1, buyers are in control (DI+ 36.8 vs DI− 17.2)
At the moment, there are no factors indicating the opposite direction.
I’m watching ETH to enter a LONG position near 2707.60, with the daily trend rising and the 4h structure stacked above both EMAs. The 1h price is currently about 1.4 ATR above the 1h EMA50, so I’ll be wrong if the 1h price breaks down below 2657.23. I want to see the 1h RSI stay above 55 and the 4h RSI remain above 55, with an invalidation level at 2650.79.
📍 Entry: 2705.13 – 2710.07
🎯 TP1: 2745.38 | TP2: 2770.56 | TP3: 2808.34
🛑 Stop loss: 2657.23
💬 If you short instead of going long, where do you set your stop?
All the setup on the chart 👇