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#ETH. #.ETH #eth
Here is a technical analysis of the ETH/USDT chart with 1D (daily), 1W (weekly), and 1M (monthly) time frames. Plus entry and exit suggestions:
📊 1. Short-Term Analysis (Daily / 1D)
⬆️ Trend:
The candle is currently above local support around $2,550.
There has been no strong breakout from resistance (around $2,700), but the last bullish candlestick shows that buyers are starting to be active again.
There is no big momentum yet, still sideways.
🎯 Entry-Exit:
Buy Entry: if the daily candle closes above $2,700, the target goes up to $2,850–$2,900.
Cutloss: if it goes down and closes below $2,500.
📆 2. Intermediate Analysis (Weekly / 1W)
📉 Trend:
A higher low structure was formed after the bottom below $2,000.
Last week's candle was bullish with increasing volume, this is an early confirmation of a reversal.
🎯 Entry-Exit:
Entry swing: buy in the area of $2,600–$2,650 (currently), target up to $3,000.
Partial exit at $3,000, or if the weekly reversal candle is bearish (long upper wick).
Weekly cutloss: if close below $2,300.
📅 3. Long-Term Analysis (Monthly / 1M)
📈 Trend:
The big pattern shows a potential monthly reversal from the bottom of $2,000.
Has not broken $3,000, but there is healthy consolidation after the decline.
🎯 Investor Strategy:
Buy & hold below $2,700.
Long-term target: $3,500 – $4,000+ (historical resistance 2021–2022).
Strong buy if monthly close above $3,000.
🔄 Conclusion & Trading Plan:
Time Frame | Trend | Entry | Target | Cutloss
1D (Daily) | Sideways to Bullish | Break $2,700 | $2,850–$2,900 | < $2,500
1W (Weekly) | Bullish Reversal | $2,600–$2,650 | $3,000 | < $2,300
1M (Monthly) | Recovery | < $2,700 | $3,500+ | < $2,000