ETH/USDT – 4H Chart
Current Price: 1968
Trend Structure: Short-term bearish, intraday consolidation near lower band
From your chart:
Price trading below mid-Bollinger band
EMA (orange) acting as dynamic resistance
RSI near mid-zone (weak momentum)
Lower band support around 1895–1900
Resistance around 2008–2015
🔹 Intraday Scalping Plan (15m–30m timeframe)
🟢 Long Setup (Bounce Play)
Entry: 1900–1920 zone (strong support area)
Target 1: 1985
Target 2: 2005
Stop Loss: Below 1885
Condition: Only take long if price shows strong bullish candle + volume spike.
🔴 Short Setup (Trend Continuation)
Entry: 1995–2010 resistance zone
Target 1: 1940
Target 2: 1905
Stop Loss: Above 2025
Condition: Rejection candle near EMA/mid-band.
⚡ Quick Scalping Strategy
Trade with trend (currently slightly bearish bias)
Use 5m RSI divergence for entry timing
Risk max 1–2% per trade
Avoid trading during sudden BTC volatility
Bias Summary
Below 2000 = Bearish pressure
Break & close above 2015 = short-term bullish reversal
Breakdown below 1895 = strong sell continuation$ETH
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