$ETH Signal】Long! Confirm on 1H pullback, trend continues on 4H, main force clearly supporting the market



$ETH The 1H timeframe is consolidating strongly above EMA20 (2033), just completed a pullback confirmation of the previous volume spike bullish candle. The 4H timeframe has broken through the downtrend line and stabilized above EMA50 (1950), confirming a trend reversal. Currently, the price is consolidating around 2064, with buy depth (bid_ask_ratio_depth: 0.35) showing strong support below, and open interest (OI) remains stable. Under negative funding rates, the price is firm, with potential for short squeeze.

🎯Direction: Long (Long)

🎯Entry/Order: 2062 - 2065 (Reason: 1H EMA20 support zone, previous hour's candle upper body)

🛑Stop Loss: 2035 (Reason: Break below key 1H support and previous low at 2037.8)

🚀Target 1: 2100 (Reason: Previous high resistance and psychological level)

🚀Target 2: 2150 (Reason: Resistance near 2149 on the 4H level)

🛡️Trade Management:

- Position suggestion: Standard size (Reason: 4H and 1H trend resonance, risk-reward ratio >1.5)

- Execution strategy: After reaching 2100, reduce position by 50% and move stop loss to entry price 2065. Remaining position aims for 2150 target; if price pulls back to EMA20 (1H) without breaking, consider adding to the position.

Depth logic: Three consecutive bullish candles on the 4H timeframe with volume increase, buy order ratio (buy_sell_ratio) remains above 0.52, indicating sustained buying by main force. The 1H RSI (67.23) is in a strong zone but not overbought, leaving room for further upward movement. Market depth shows a large sell order at 2064.71 (220.53 ETH). Once filled, rapid rise is expected. Negative funding rate (-0.0021%) combined with rising prices indicates a typical short squeeze structure, with short covering providing additional momentum.

View real-time market 👇 $ETH

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #加密市场反弹
ETH-4.29%
BTC-3.16%
SOL-4.4%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)