Technical analysis by Arthur_FXMaster about Symbol ETH: Buy recommendation (1/6/2026)

Arthur_FXMaster
ETH: The Breakout is Here

ETH/USD 4-hour chart shows a bullish continuation setup emerging from a technical breakout. Current Market State Trend: Shifted from bearish to bullish following a CHoCh (Change of Character) and subsequent BoS (Break of Structure). Breakout: Price has cleared a significant descending trendline and is currently testing a previous Fair Value Gap (FVG). Support: A strong Demand Zone and "Entry Layer" are established around $3,150. Trade Setup Expectation: A short-term pullback to retest the broken trendline or the Demand Zone ($3,150 range). Upside Target: The primary objective is the Resistance Zone at $3,398. Sentiment: Bullish, provided the price maintains the higher-low structure above the $3,100 support level. Would you like me to identify potential Stop Loss levels based on this structure?