PLAN BUY ETH NEW WEEK✅ Scenario 1 – Buy at 1830 (Current Price):
Reason to Buy:
Price is close to the EMA 20 and EMA 33 levels – acting as dynamic support.
The 1830–1845 area has been tested multiple times without a clear breakdown.
The upward trendline from the 1720 low is still being respected.
The market may be forming a tight consolidation, preparing for a breakout.
Trading Plan:
Buy Entry: 1,830 USDT
Stop Loss (SL): below 1,800 (around 1,790–1,795)
Take Profit (TP): 1,980 – 2,150 (previous highs and major resistance zone)
Risk/Reward Ratio: Approximately 1:2.5 to 1:4 (excellent if breakout confirms)
⚠️ Scenario 2 – Buy at 1,740 (If Current Trendline Fails):
Reason to Buy:
The 1,740–1,760 zone is a strong support from the longer-term ascending trendline (black line).
Coincides with the EMA 200 on the 4H timeframe – a typical retracement zone during pullbacks.
Potential for a double-bottom pattern if price reacts positively here → forming a higher low.
Trading Plan:
Buy Entry: 1,740 USDT
Stop Loss (SL): below 1,700 (around 1,695)
Take Profit (TP): 1,920 – 2,000 – 2,150
Risk/Reward Ratio: Greater than 1:3 if ETH maintains its higher-low structure
🧠 Strategy Notes:
In both scenarios, ETH must break through the psychological resistance of 1,850–1,880 to confirm bullish momentum.
Volume during the current accumulation phase is relatively low, signaling a potential breakout waiting to happen – watch for large-volume candles on H4/H1.
The long red candle near 1,800 might have been a “bear trap” if the price doesn’t break below recent lows.
