ETHU: High-Conviction Setup with Clear Risk/Reward (3:1)

Ethereum's leveraged ETF
ETHU just printed a clean technical structure, sitting right above cloud support with a clearly defined trade plan:
๐ Technical Breakdown
Ichimoku Cloud: Price is hugging the flat Kumo, signaling consolidation but not breakdown. The cloud acts as support here.
MACD: Bearish momentum is fading, showing histogram compression and potential reversal soon.
Price Action: Holding above key demand zone with a risk-defined low. Multiple higher lows show bulls are still defending this level.
Target: $81.32 (+54% upside)
Stop: $42.33 (-17% risk)
R/R: 3:1 โ clean asymmetric setup
This is a textbook swing setup: if ETH bounces, ETHU could run hard due to the 2x leverage.
๐ง Macro Context
Ethereum looks coiled on higher timeframes. A breakout in ETH could fuel a sharp ETHU rally. Watch BTC/ETH correlation and altcoin sentiment.
๐ Are you long ETH or ETHU right now? Would you take this setup or wait for confirmation? Drop your thoughts below.
#ETHU #Ethereum #CryptoETF #Ichimoku #SwingTrading #Altcoins #TechnicalAnalysis #TradingSetup
๐ Technical Breakdown
Ichimoku Cloud: Price is hugging the flat Kumo, signaling consolidation but not breakdown. The cloud acts as support here.
MACD: Bearish momentum is fading, showing histogram compression and potential reversal soon.
Price Action: Holding above key demand zone with a risk-defined low. Multiple higher lows show bulls are still defending this level.
Target: $81.32 (+54% upside)
Stop: $42.33 (-17% risk)
R/R: 3:1 โ clean asymmetric setup
This is a textbook swing setup: if ETH bounces, ETHU could run hard due to the 2x leverage.
๐ง Macro Context
Ethereum looks coiled on higher timeframes. A breakout in ETH could fuel a sharp ETHU rally. Watch BTC/ETH correlation and altcoin sentiment.
๐ Are you long ETH or ETHU right now? Would you take this setup or wait for confirmation? Drop your thoughts below.
#ETHU #Ethereum #CryptoETF #Ichimoku #SwingTrading #Altcoins #TechnicalAnalysis #TradingSetup
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.