$ETH $BTC
📊 1. Market Structure Analysis
- Current Trend: Bullish#ETHBreaksATH #BullRunAhead
- Break of Structure (BOS) or Change of Character (CHoCH): No clear break of structure or change of character in the provided data.
- Liquidity Sweep Areas: A liquidity sweep may have occurred near the recent bottom at $3,038.0600.
- Key Levels:
- Support: $3,038.0600 (Recent Low)
- Resistance: $3,054.2300 (Recent High)
🧠 2. Key SMC Elements
✅ Liquidity:
- Swept Levels: $3,038.0600 (Recent Low)
- Remaining Levels: $3,054.2300 (Recent High)
🟥 OB Areas:
- Bullish Order Blocks: near the recent bottom $3,038.0600
- Bearish Order Blocks: near the recent top $3,054.2300
📉 FVGs: No clear fair value gaps in the provided data.
🎯 3. Trade Setup Suggestion
- Entry Area (buy): $3,040.00 (near bullish order blocks)
- Stop Loss (SL): $3,030.00 (below the recent bottom)
- Profit Targets:
- TP1: $3,054.00
- TP2: $3,068.00
- TP3: $3,080.00
- R:R Ratio Calculation: approximately 1:2.5 to 1:4 (depending on targeted TP)
🕯️ 4. Candlestick Confirmation
- No clear candlestick patterns
✅ 5. Final Recommendation
- Trade Type: Buy
- Confidence Level: Medium
- Invalidating Level: If the level of $3,030.00 is broken down
- Reminder: This is not financial advice
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