7.27 Afternoon 2nd cake $ETH updates strategy


‌Market logic: The 15-minute chart is in strong bullish alignment with BTC, pushing out a strong uptrend; price holds above the upper Bollinger Band and continues to surge, with ample long momentum. Each small pullback is quickly reclaimed, and the pullback has strong follow-through support. The short-term uptrend is clear. Overhead, resistance at the 1982 prior high awaits a second test. If price retraces into the support zone, go long; on the rebound, prioritize upside of about 100 points. When targets are reached, take profit in batches; don’t blindly assume a long-term pattern.

Entry zone: Go long around 1945–1952. First target 1978, second target 1998. Stop-loss at 1935.
ETH1.70%
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OBVEnergy
· 11h ago
Clear thinking—follow along and take a bite of profit.
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SwingStop
· 13h ago
Didn’t manage to catch the bottom of this 1750 move; going long around 1950 feels a bit high. But judging by this momentum, it might push up to the prior high.
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VolatilityProphet
· 13h ago
Thanks for sharing! But the market is indeed strong right now—if the 1982 resistance level can’t be broken, it may pull back. I suggest taking profit in batches and don’t get too greedy. I personally will wait for a dip below 1950 before entering—safer.
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