Technical indicators do not provide a unified signal, confirming ongoing market uncertainty. Bollinger Bands have shifted to horizontal movement, the MACD histogram is expanding in negative territory, while Stochastic is turning upward from the oversold zone. It is also worth noting that on the weekly chart, Bollinger Bands remain directed downward, confirming the continuation of the long-term bearish trend and suggesting the formation of a flag pattern.

Support and resistance levels

Resistance levels: 2500.00, 2812.50, 3125.00, 3560.00.

Support levels: 1875.00, 1481.50, 1250.00, 937.50.

ETH/USD chart

Trading scenarios and ETH/USD forecast

Short positions may be opened below 1875.00 with targets at 1481.50, 1250.00, and 937.50 and a stop-loss at 2070.00. Timeframe: 5–7 days.

Long positions may be opened above 2500.00 with targets at 2812.50, 3125.00, and 3560.00 and a stop-loss at 2315.00.

Scenario

Timeframe Weekly
Recommendation SELL STOP
Entry point 1850.00
Take Profit 1481.50, 1250.00, 937.50
Stop Loss 2070.00
Key levels 937.50, 1250.00, 1481.50, 1875.00, 2500.00, 2812.50, 3125.00, 3560.00

Alternative scenario

Recommendation BUY STOP
Entry point 2540.00
Take Profit 2812.50, 3125.00, 3560.00
Stop Loss 2315.00
Key levels 937.50, 1250.00, 1481.50, 1875.00, 2500.00, 2812.50, 3125.00, 3560.00