ETH Swing Long Idea
📊 Market Sentiment
Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and improving global risk appetite are creating favorable conditions for further upside in crypto assets.
📈 Technical Analysis
Price tapped into the prior swing high and rejected from that level.
This move created a 4H Demand Zone, which I expect to hold.
Additionally, price reacted from the 0.75 range maximum discount zone and is currently bouncing.
📌 Game Plan
I will be looking for price to run liquidity at $4205 before a potential expansion higher.
This level also aligns with the maximum range discount zone.
🎯 Setup Trigger
I will wait for a 4H Break of Structure (BOS) before entering a trade, with LTF confirmation for precision.
📋 Trade Management
Stoploss: 4H swing low confirming the BOS
Targets:
• TP1: $4500
• TP2: $4650
• TP3: $5000 (All-Time Highs)
💬 Like, follow, and comment if you find this setup valuable!
⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
📊 Market Sentiment
Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and improving global risk appetite are creating favorable conditions for further upside in crypto assets.
📈 Technical Analysis
Price tapped into the prior swing high and rejected from that level.
This move created a 4H Demand Zone, which I expect to hold.
Additionally, price reacted from the 0.75 range maximum discount zone and is currently bouncing.
📌 Game Plan
I will be looking for price to run liquidity at $4205 before a potential expansion higher.
This level also aligns with the maximum range discount zone.
🎯 Setup Trigger
I will wait for a 4H Break of Structure (BOS) before entering a trade, with LTF confirmation for precision.
📋 Trade Management
Stoploss: 4H swing low confirming the BOS
Targets:
• TP1: $4500
• TP2: $4650
• TP3: $5000 (All-Time Highs)
💬 Like, follow, and comment if you find this setup valuable!
⚠️ Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Always do your own research before making any financial decisions.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.