ETHUSDT 4H Chart Analysis | RSI Strength & Fibonacci Targets in Play
🔍 Let’s break down the latest ETH/USDT setup — bullish momentum is building with confluences pointing toward key upside targets.
⏳ 4-Hour Overview
Ether continues climbing within a well-defined ascending channel, with recent candles holding above mid-level support. Price is pressing higher from a clean bounce at the 0.5 and 0.618 Fibonacci retracement zone ($2,017–$1,899), signaling the correction has likely ended.
📉 Fibonacci Levels & RSI Confirmation
- The strong recovery aligns with rising volume and a bullish structure.
- RSI is pushing into overbought territory (above 73), often a sign of strength during trends—not exhaustion.
- ETH is now positioned for a breakout continuation move if momentum holds.
🎯 Bullish Targets Ahead
- Immediate resistance: $3,300 (1.414 Fib extension + historical supply)
- Next major target: $3,700 (1.618 extension + upper channel confluence)
- Pullback zones: $2,950 (mid-channel) and $2,017 (Fib support base)
📊 Key Highlights:
- Price is respecting the rising channel structure — higher lows, higher highs in play.
- Volume supports the breakout narrative, rising on green candles.
- RSI breakout supports trend continuation, not exhaustion.
- Targets at $3,300 and $3,700 remain actionable on a confirmed breakout.
🚨 Conclusion:
ETH is showing a multi-variable bullish setup with clear continuation potential. A strong move above $3,300 could quickly send price toward $3,700. Pullbacks to $2,950–$2,017 could offer high-risk/reward re-entry zones. Momentum favors bulls — stay alert.
🔍 Let’s break down the latest ETH/USDT setup — bullish momentum is building with confluences pointing toward key upside targets.
⏳ 4-Hour Overview
Ether continues climbing within a well-defined ascending channel, with recent candles holding above mid-level support. Price is pressing higher from a clean bounce at the 0.5 and 0.618 Fibonacci retracement zone ($2,017–$1,899), signaling the correction has likely ended.
📉 Fibonacci Levels & RSI Confirmation
- The strong recovery aligns with rising volume and a bullish structure.
- RSI is pushing into overbought territory (above 73), often a sign of strength during trends—not exhaustion.
- ETH is now positioned for a breakout continuation move if momentum holds.
🎯 Bullish Targets Ahead
- Immediate resistance: $3,300 (1.414 Fib extension + historical supply)
- Next major target: $3,700 (1.618 extension + upper channel confluence)
- Pullback zones: $2,950 (mid-channel) and $2,017 (Fib support base)
📊 Key Highlights:
- Price is respecting the rising channel structure — higher lows, higher highs in play.
- Volume supports the breakout narrative, rising on green candles.
- RSI breakout supports trend continuation, not exhaustion.
- Targets at $3,300 and $3,700 remain actionable on a confirmed breakout.
🚨 Conclusion:
ETH is showing a multi-variable bullish setup with clear continuation potential. A strong move above $3,300 could quickly send price toward $3,700. Pullbacks to $2,950–$2,017 could offer high-risk/reward re-entry zones. Momentum favors bulls — stay alert.
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.