💡 Idea:
Ethereum is showing signs of demand absorption at a critical Fibonacci support cluster (0.5 – 0.618 retracement). VSA patterns confirm that selling pressure is being absorbed, hinting at a possible markup toward previous swing highs.
📍 Trade Setup:
Entry: Current levels near 3,551
Target: 3,937 (+10.82%)
Stop Loss: 3,338 (below last absorption zone)
R:R Ratio: ~1.79:1
📊 Technical Reasoning (VSA)
1. Stopping Volume at Fibonacci Support
ETH tested the 0.5–0.618 retracement zone from its prior bullish impulse.
Wide spread down-bars on high volume failed to produce significant downside progress, signaling professional buying.
2. No Supply Confirmation
Following the stopping volume, the market printed narrow range candles on decreasing volume, indicating supply exhaustion.
3. Demand Emergence
The recent push above short-term resistance came with increasing volume and wider up-bar spreads, suggesting the start of an accumulation-to-markup transition.
4. Structure & Fibonacci Confluence
Current rally aligns with the Fibonacci golden zone and past structural support.
📌 Trading Plan:
Enter on confirmed breakout above minor resistance with volume expansion.
Scale out partial profits near 3,800 and let remainder ride toward 3,937.
Keep stop below 3,338 to avoid being shaken out by false breakouts.
Ethereum is showing signs of demand absorption at a critical Fibonacci support cluster (0.5 – 0.618 retracement). VSA patterns confirm that selling pressure is being absorbed, hinting at a possible markup toward previous swing highs.
📍 Trade Setup:
Entry: Current levels near 3,551
Target: 3,937 (+10.82%)
Stop Loss: 3,338 (below last absorption zone)
R:R Ratio: ~1.79:1
📊 Technical Reasoning (VSA)
1. Stopping Volume at Fibonacci Support
ETH tested the 0.5–0.618 retracement zone from its prior bullish impulse.
Wide spread down-bars on high volume failed to produce significant downside progress, signaling professional buying.
2. No Supply Confirmation
Following the stopping volume, the market printed narrow range candles on decreasing volume, indicating supply exhaustion.
3. Demand Emergence
The recent push above short-term resistance came with increasing volume and wider up-bar spreads, suggesting the start of an accumulation-to-markup transition.
4. Structure & Fibonacci Confluence
Current rally aligns with the Fibonacci golden zone and past structural support.
📌 Trading Plan:
Enter on confirmed breakout above minor resistance with volume expansion.
Scale out partial profits near 3,800 and let remainder ride toward 3,937.
Keep stop below 3,338 to avoid being shaken out by false breakouts.
Dagangan aktif
We are half way near our target price. ETH remains bullish Dagangan ditutup: sasaran tercapai
Target hit by the end of week. 
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.
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.