source avatarEllyson 🌐

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

Looking at my 4H ETH/USDT chart, here’s a clean breakdown of what’s happening and the most probable next move for #Ethereum 🔍 Current Structure •Price is ~2092, dropping from a recent local high (~2199). •You’re seeing lower highs forming → early #bearish structure. •Price is now: •Below MA(7), MA(25), MA(99) → bearish alignment •Near Bollinger Band lower zone (2081) → short-term support test •Parabolic SAR flipped above price → confirms bearish momentum •MACD turning down + red histogram → momentum shifting bearish ⸻ 📉 Bearish Scenario (More likely right now) If $ETH fails to hold this zone: •Key support: 2080 – 2050 •If that breaks → next move: •2020 (previous low area) •Possible wick to 2000 psychological level 👉 This is the dominant scenario because: •Momentum indicators (MACD + SAR) are bearish •Price rejected mid Bollinger band (~2140) ⸻ 📈 Bullish Scenario (Only if reversal happens) For bulls to take control: •$ETH must reclaim 2125 – 2145 (MA cluster + mid Bollinger) •Then next targets: •2170 •2200 resistance 👉 Without reclaiming that zone, upside is weak. ⸻ ⚖️ Conclusion •Short term bias: BEARISH •Likely move: Continuation down to 2050 → possibly 2020 •Watch reaction at 2080 — that’s your decision zone

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.