ETH/USDT (4H) chart:
The price is currently trading near a support zone (around $3,250–3,300).
The chart shows a potential bullish setup with two marked target points above.
The Ichimoku Cloud suggests resistance around mid-levels before a full reversal.
Here’s the breakdown 👇
🔹 Key Levels:
Support zone: $3,250 – $3,300
First target (inside the cloud): around $3,700 – $3,750
Second target (top / resistance zone): around $4,150 – $4,200
🔹 Summary:
If ETH holds the current support and breaks above the cloud:
Target 1: ≈ $3,700
Target 2: ≈ $4,200
Invalidation: below $3,200 (support breakdown)
The price is currently trading near a support zone (around $3,250–3,300).
The chart shows a potential bullish setup with two marked target points above.
The Ichimoku Cloud suggests resistance around mid-levels before a full reversal.
Here’s the breakdown 👇
🔹 Key Levels:
Support zone: $3,250 – $3,300
First target (inside the cloud): around $3,700 – $3,750
Second target (top / resistance zone): around $4,150 – $4,200
🔹 Summary:
If ETH holds the current support and breaks above the cloud:
Target 1: ≈ $3,700
Target 2: ≈ $4,200
Invalidation: below $3,200 (support breakdown)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
