FX.co ★ Irfans7 | #Ethereum chart analysis

*Ethereum / U.S. Dollar · 4h · Bitstamp | $1,772.2 -0.39%* *1. Price Structure* Left to right: $1,980 > $1,850 > $1,800 > $1,772.2 = LH. $1,550 > $1,520 > $1,520 = HL. Current $1,772.2 is testing $1,775 after $1,520 low. Higher low formed. Structure improving. *2. Trend Direction* 4H bearish → bullish shift in progress. Sequence: $1,980 > $1,850 > $1,800 > $1,772.2. Trend change: $1,550 hold late June. Momentum up: $1,520→$1,772.2 with 7 green 4H candles. Bias bullish on $1,800 close. *3. Volume Analysis* Spikes: Early June $1,980 area = tall red bars = distribution. Jun 4-5 red bar $1,800→$1,550 = 328 volume = selling climax. Jul 1-4 green bars $1,550→$1,772 = volume rising = buyers stepping in. Green volume > red last 4 days. *4. Moving Averages* No MAs visible. Price action: All rallies $1,800→$1,700 failed before. This is first push reclaiming $1,770-$1,775 with strength. If MAs were there, price breaking above from below. *5. RSI and Momentum* No sub-panel. Price: Red leg $1,980→$1,520, now green leg $1,520→$1,772.2. Higher low $1,520 vs $1,550 = momentum shift. Small pullback to $1,760 is normal. *6. Key Support and Resistance* *Support*: $1,760 flip zone, $1,700, $1,520 floor. *Resistance*: $1,775 seller zone, $1,800 breakdown, $1,850. *Flip*: $1,760. Above = test $1,800, below = back to $1,700. *7. Trading Plan* *Long bias*: 4H hold >$1,760 retest. Entry $1,765. SL $1,650, TP1 $1,800, TP2 $1,830, TP3 $1,850. R:R ∼1:2. *Short only if*: 4H rejection $1,800 | *Bearish*: Close