analysis 📊Ethereum ETH-->>USDT – 4-Hour Chart Analysis🚀

[Ben]

 

Below is a detailed technical analysis of Ethereum (ETH) against Tether (USDT) on the 4-hour timeframe. For even more precise signals and faster trading opportunities, shorter timeframes are available with a premium account—unlock them today for an edge!

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1. Current Price & Market Context

• Current price: 2,560 USDT

• Recent price action: ETH has been consolidating after a strong upward move. The price is trading above key support zones, with volatility decreasing in the last sessions.

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2. Chart Structure & Key Levels

• Support Zones:

  • Major support: 1,850–1,900 USDT (large green zone at the bottom)

  • Secondary support: 1,700–1,800 USDT (lower green rectangle)

  • Local support: 2,460–2,500 USDT (blue channel lower band and recent price bounces)

• Resistance Zones:

  • Immediate resistance: 2,600–2,600+ USDT (recent highs, price struggling to break through)

  • Next resistance: 2,700 USDT (psychological and technical barrier)

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3. Indicators & Technical Signals

• Moving Averages:

  • EMA 8 (green) & EMA 30 (orange): Price is hovering just above/below these lines, indicating a sideways phase and indecision.

• SR Channel (blue bands):

  • The price is moving within the channel, with the lower band (2,463 USDT) acting as dynamic support.

• Buy/Sell Signals:

  • Multiple “Exit Buy” and “Exit Sell” signals are visible, suggesting frequent trend shifts and a choppy market.

• Volume:

  • Not directly visible, but price wicks and volatility suggest reduced momentum compared to the previous rally.

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4. Trend & Sentiment

• Trend: Neutral to slightly bullish. After a strong rally, ETH is consolidating, forming a potential base for the next move.

• Sentiment: Cautiously optimistic. Bulls are defending support, but resistance at 2,600 USDT is proving tough.

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5. Trade Idea & Strategy

A. Range Trading (Current Best Play)

• Entry (Long): 2,540–2,560 USDT (current price or on a dip to the lower channel band)

• Stop-loss: 2,460 USDT (below the blue channel and recent swing lows)

• Take-profit: 2,600–2,630 USDT (recent highs and resistance area)

• Rationale: ETH is range-bound. Buying near support and selling near resistance is favored until a breakout occurs.

B. Breakout Play

• Long Entry: On a confirmed 4H candle close above 2,600 USDT with volume

• Stop-loss: 2,550 USDT

• Take-profit: 2,700 USDT (next resistance)

• Short Entry: On a confirmed 4H candle close below 2,460 USDT

• Stop-loss: 2,510 USDT

• Take-profit: 2,000 USDT (midway to major support)

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6. Summary Table

Level/Zone	Action/Signal	Comment
2,540–2,560	Long Entry	Range play near support
2,460	Stop-loss (Long)	Below channel and swing low
2,600–2,630	Take-profit (Long)	Resistance zone
>2,600	Breakout Long Entry	On confirmation, target 2,700
<2,460	Short Entry	On breakdown, target 2,000–2,100

 

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7. What Would I Play Now?

• I would consider a range trade long from 2,540–2,560 USDT, with a tight stop below 2,460 USDT and a take-profit at 2,600–2,630 USDT.

• Alternatively, I would wait for a breakout above 2,600 USDT for a momentum long, or a breakdown below 2,460 USDT for a short.

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8. Important Notes

• This analysis is based on the 4-hour timeframe. For more dynamic and faster signals, unlock shorter timeframes by upgrading to a premium account!

• This is not investment advice. Every position should be carefully analyzed and tailored to your risk profile.

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Remember: Markets can change rapidly! Always use proper risk management and never risk more than you can afford to lose. For more advanced tools and exclusive signals, consider upgrading to premium and get access to shorter timeframes!