#ETHUSDT is showing a reversal pattern

📊 ETHUSDT.P is showing a reversal pattern — we expect the uptrend to continue if the breakout level holds!

🕒 Timeframe: 4H
➡️ ETHUSDT.P has formed a potential Double Bottom (Bottom 1 and Bottom 2) around $1,785–$1,809, indicating a possible trend reversal.
➡️ The key trading range (POC — Point of Control) is at $1,881.71, making it a major resistance level.
➡️ The price is also bouncing off the support zone, which aligns with the previous consolidation area.
➡️ Volume is increasing during the bounce, confirming buyers’ interest.


⚡️ Considering a potential long entry
⚡️ Maximum target based on the pattern — $2,522

📍 A breakout and hold above $1,849.71 will confirm the bullish scenario and attract more long liquidity.
📢 If the price drops below $1,785, the setup will be invalidated — high chance of a continued downtrend.
📢 The rise of ETHUSDT.P is possible due to reactions to the strong support zone and the forming Double Bottom pattern.


🕒 Timeframe: 1H
➡️ ETHUSDT.P has formed a Falling Wedge, which is a bullish pattern.
➡️ A second bottom (Bottom 2) has formed, confirming a potential reversal.
➡️ The upper boundary of the wedge has already been broken, accompanied by a spike in volume.
➡️ A strong consolidation zone exists around $1,808–$1,820 — a retest could confirm a long entry.
⚡️ Holding above the wedge breakout is a signal for further upside.

📢 If the price falls back below $1,800 and buying momentum weakens — the scenario should be reconsidered.




📉 LONG ETHUSDT.P from $1851.0
🛡 Stop loss: $1835.00

🕒 Timeframe: 1H

🎯 Targets (TP):
💎 TP 1: $1860.00
💎 TP 2: $1871.00
💎 TP 3: $1882.00
💎 TP 4 (long-term target): $1890.00

🚀 ETHUSDT.P is maintaining a potential reversal pattern — we expect upward movement if volume confirms!