⏳ Summary:
Ethereum has been moving sideways for 6 straight weeks, printing back-to-back doji candles — a rare phenomenon in any market. Price is trapped, pressure is building, and volatility is near its breaking point. History shows: after this much indecision, a violent breakout is almost inevitable.
🚨 What’s Happening?
6 consecutive weekly dojis — this kind of tight-range compression hasn’t been seen on ETH in years.
Price is squeezed between $ 2,500 support and $ 2,620 resistance.
Volume has dried up, and momentum is fading (RSI flat, wedge breakdowns on 4H/1D).
Bulls and bears are in a deadlock… and that never lasts long.
The longer the coil, the harder the snap.
🎯 Trading Roadmap (No Fluff):
📈 Bullish Breakout Trigger: Weekly candle close above $ 2,620 → Potential rally to $ 2,745 and $ 2,880 (Fib zones).
📉 Bearish Breakdown Trigger: Daily or weekly close below $ 2,500 → Expect a flush to $ 2,300 and $ 2,120 support levels.
🎯 Manage risk tight. This setup offers clean invalidation and powerful upside/downside potential.
📊 Why This Matters:
Markets don’t go silent for 6 weeks without a reason. ETH is gathering energy like a coiled spring — and once direction is decided, it can move fast and far. This is the kind of setup traders wait weeks to catch.
🤔 What Do You Think?
Is ETH quiet before the pump, or are bears waiting to break it down hard?
🗨️ Drop your thoughts, charts, or counter-setups below!
Ethereum has been moving sideways for 6 straight weeks, printing back-to-back doji candles — a rare phenomenon in any market. Price is trapped, pressure is building, and volatility is near its breaking point. History shows: after this much indecision, a violent breakout is almost inevitable.
🚨 What’s Happening?
6 consecutive weekly dojis — this kind of tight-range compression hasn’t been seen on ETH in years.
Price is squeezed between $ 2,500 support and $ 2,620 resistance.
Volume has dried up, and momentum is fading (RSI flat, wedge breakdowns on 4H/1D).
Bulls and bears are in a deadlock… and that never lasts long.
The longer the coil, the harder the snap.
🎯 Trading Roadmap (No Fluff):
📈 Bullish Breakout Trigger: Weekly candle close above $ 2,620 → Potential rally to $ 2,745 and $ 2,880 (Fib zones).
📉 Bearish Breakdown Trigger: Daily or weekly close below $ 2,500 → Expect a flush to $ 2,300 and $ 2,120 support levels.
🎯 Manage risk tight. This setup offers clean invalidation and powerful upside/downside potential.
📊 Why This Matters:
Markets don’t go silent for 6 weeks without a reason. ETH is gathering energy like a coiled spring — and once direction is decided, it can move fast and far. This is the kind of setup traders wait weeks to catch.
🤔 What Do You Think?
Is ETH quiet before the pump, or are bears waiting to break it down hard?
🗨️ Drop your thoughts, charts, or counter-setups below!
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
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.
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
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.