Technical analysis by davidjulien369 about Symbol ETH: Buy recommendation (10/5/2025)

🔹 Trade Details Buy-side trade entry: 3,955.30 Profit level: 4,651.28 (+18.19%) Stop level: 3,871.54 (−1.63%) R:R: 11.19 Executed during the London to NY AM session on Fri 26th Sept 25 at 9:00 am, coinciding with a 4H FVG and structural shift on the lower time frame. 🔹 Key Technical Observations Break of structure (BOS): Occurred after reclaiming the EMA 50 (blue) and surpassing prior swing highs. 👉 EMA alignment: The 50 EMA crossed back above the 200 EMA — a medium-term bullish trend confirmation. 👉 Volume: Expansion seen at the demand retest (high conviction buyers stepping in). 👉 FVG zones: Multiple unmitigated Fair Value Gaps remain below current price (4,430–4,480 area), acting as potential re-entry zones if price retraces. 👉 Supply zone: Around 4,691–4,700 (4H), where price is currently reacting, just beneath the larger FVG target zone (~4,570–4,600). 🔹 Market Narrative This move reflects a classic Wyckoff accumulation to markup transition. The “Consolidation Identified Phase” signalled the Phase C–D transition, confirmed by: Higher timeframe spring event and reclaim of range midline. Volume expansion with bullish displacement candles. Structural BOS and retest of the neckline. 👉 Price respected the PD Array (Discount Zone) for entry and is now operating above equilibrium. 🔹 Forward Outlook If price sustains above 4,480–4,500, expect continuation toward the 4,570–4,600 FVG for full target mitigation. If retracement occurs: Watch 4,445–4,460 demand zone (and unmitigated FVG) for buyside continuation setups. Below 4,430 (WMA zone) would invalidate the short-term bullish structure.Observations Sun 5th Oct 25 8.00 am Stop level moved (12.60%)