Ethereum Price Analysis: Key Levels and Potential Reversal Zones

28 thg 12, 2024

ETHUSD Ethereum Price Analysis: Key Levels and Potential Reversal Zones
Analysis:
Price Action Strategy:
Support and Resistance Levels:

The chart shows significant support at $3,097.1 and resistance at $4,108.4.

The current price is $3,330.0.

Break of Structure (BOS):

There are two BOS points marked, indicating potential trend reversals.

Change of Character (ChoCH):

A ChoCH is marked, suggesting a shift in market sentiment.

Smart Money Concepts (SMC):
Order Blocks:

The chart highlights potential order blocks around $3,490.1 and $3,447.6, which could act as supply zones.

Volume Profile:

The volume profile shows high trading activity around $3,330.0, indicating a strong area of interest.

ICT Strategy:
Fibonacci Retracement Levels:

Key Fibonacci levels are marked at 0.382 (3406.2908), 0.5 (3501.8), 0.618 (3597.3092), 0.705 (3667.727), and 0.786 (3733.2884).

These levels can act as potential reversal zones.

Liquidity Zones:

The chart shows areas where liquidity might be resting, particularly around the Fibonacci levels and order blocks.

VIP Signal:

Buy Signal:

entry: 3330.0
tp1: 3501.8
tp2: 3667.7
sl: 3200.0
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Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.

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entry: 3330.0

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