Technical analysis by Algo_Trading_Mql5 about Symbol ETH: Buy recommendation (5/7/2025)

Here’s a **high-conviction ETH/USD buy setup** with precise risk management and multi-target strategy:---### **ETH/USD Buy Trade Plan** **✅ Entry Zone:** **$1920-1950** (Demand area below breakout) **🎯 Targets:** - **1st TP: $2035** (+85-115 pts) - **2nd TP: $2105** (+155-185 pts) **🛑 Stop Loss:** **$1880** (Below support, -70 pts risk) ### **Key Technical Logic** 1. **Support Flip Play:** - **$1920** was resistance, now acting as support (confirmed on 4H close above). - Strong bids likely at **$1900-1950** (institutional order block). 2. **Bullish Structure:** - Higher lows on daily chart + MACD crossing bullish. 3. **Target Math:** - **$2035:** Recent swing high (liquidity pool). - **$2105:** Measured move from last pullback (1.618 Fib extension). ### **Entry Triggers (Choose Wisely)** - **Aggressive:** Buy dips to **$1940-1950** with tight SL ($1880). - **Conservative:** Wait for **bullish reversal candle** (e.g., hammer) at $1920. ### **Trade Management** - **Scale Out:** Close 50% at $2035, trail SL to breakeven. - **Let Winners Run:** Hold 50% to $2105 (watch for rejection candles). - **Emergency Exit:** If Bitcoin dumps hard (ETH correlation >90%). ### **Invalidation Scenario** - Daily close **below $1880** = False breakout (cancel trade). ---### **Critical Confluences** - **BTC Dominance:** Falling = Altcoin bullish (ideal for ETH). - **Ethereum Fundamentals:** ETF news, staking inflows. ---**Need Adjustments?** I can add: - Shorter-term scalp levels (e.g., $2000 quick exit). - Liquidity zones (stop hunts below $1900). - On-chain data (whale accumulation signals). Let me know your preferred style! 🚀trade activetarget done