ETH Outlook
Resistance (supply)
2,000 – 2,020 (psychological + repeated pivot/decision level)
2,050 – 2,080 (recent swing supply)
2,100 – 2,120 (higher supply / prior rebound ceiling)
Support (demand)
1,970 – 1,960 (intraday base / pullback support)
1,950 – 1,940 (range floor / breakdown trigger)
1,910 – 1,900 (next 4H demand if 1,940 fails)
Next move (most likely path)
Price is compressing around ~1,981, which usually precedes a liquidity probe into the nearest magnet:
Most probable near-term test: 2,000 – 2,020.
The “decision” is simple:
Acceptance above 2,020 → continuation toward 2,050–2,080.
Rejection at 2,000–2,020 → rotation back to 1,970 → 1,950/1,940.
Trade plans (entry, SL, TPs)
Plan A (LONG) — Breakout + Retest (higher probability than “blind long”)
Trigger: 1H close above 2,020 (not just a wick), then a pullback that holds 2,000–2,010.
Entry: 2,005 – 2,015 (on retest/hold)
Stop-Loss: 1,975
(Conservative SL: 1,965 if you want to avoid wick sweeps, but size accordingly.)
Take-Profits:
TP1: 2,040
TP2: 2,080
TP3: 2,120
Plan A-2 (LONG) — Demand bounce (only with confirmation)
Trigger: Sweep into 1,960–1,950 and then a strong 15m/1H reclaim (bullish close back above 1,960).
Entry: 1,955 – 1,965
Stop-Loss: 1,928 (below the local swing / sweep zone)
Take-Profits:
TP1: 1,990
TP2: 2,020
TP3: 2,060
This is countertrend versus the 1D; keep risk tighter or reduce position size.
Plan B (SHORT) — Rejection at supply (preferred in a bearish macro)
Trigger: Price taps 2,000–2,020, prints a rejection (upper wick) and closes back below 2,000 on 15m/1H.
Entry: 1,998 – 2,012
Stop-Loss: 2,045
Take-Profits:
TP1: 1,970
TP2: 1,950
TP3: 1,910
Plan B-2 (SHORT) — Breakdown continuation
Trigger: 1H close below 1,940, then a retest that fails (1,940 becomes resistance).
Entry: 1,935 – 1,945 (on the failed retest)
Stop-Loss: 1,970
Take-Profits:
TP1: 1,910
TP2: 1,880
TP3: 1,820 – 1,800 (only if momentum accelerates)
#ETC #Binance
$ETH
