ETH/USDT Analysis – 1H Timeframe on March 15

ETH/USDT Analysis – 1H Timeframe on March 15

ETH/USDT is currently in a clear downtrend, but the price has started to consolidate at the strong support zone of $1,750 – $1,800. A short-term recovery trend could be triggered.

1️⃣ Trend & Market Structure (SMC)

Main Trend: Downtrend, but the price is consolidating within the support zone

Break of Structure (BoS): The price has not broken the key resistance at $2,000

Supply Zone (Resistance): $2,000 – $2,050 (EMA200 + VPVR)

Demand Zone (Support): $1,750 – $1,800 (Recent strong demand zone)

2️⃣ Volume Profile (VPVR)

POC (Point of Control): ~$1,885 (The price is trading around this level)

High Volume Node (HVN): $1,850 – $1,950 (Strong accumulation zone)

Low Volume Node (LVN): ~$1,750 (If the price drops, it may test this level)

3️⃣ EMA (Exponential Moving Average)

EMA200 (Purple): ~$2,211 – Key dynamic resistance

EMA50 (Red): ~$2,126 – The price remains below EMA50, indicating a strong downtrend

🔹 If the price stays above $1,900, it may test the $2,000 zone
🔹 If rejected at EMA50, the price could revisit the $1,850 – $1,800 zone

4️⃣ RSI (Relative Strength Index)

  • RSI (14): ~43.27 – Neutral, not in the oversold or overbought zone

🎯 Trading Strategy

📉 Short Scenario (Preferred in line with the main trend)

Entry: $1,950 – $2,000 (Closest resistance)

Stop Loss: $2,050

Take Profit:

  • TP1: $1,900
  • TP2: $1,850
  • TP3: $1,800

Condition: RSI remains below 50 and the price is rejected at EMA50

📈 Long Scenario (High risk, wait for breakout confirmation)

Entry: $1,900 – $1,920 (If the price holds above POC)

Stop Loss: $1,880

Take Profit:

  • TP1: $1,950
  • TP2: $2,000
  • TP3: $2,050

Condition: The price closes above $1,950 with high volume

5️⃣ Conclusion

Main Trend: Downtrend, but the price shows signs of accumulation

Key Resistance: $1,950 – $2,000 (EMA50 + VPVR)

Key Support: $1,750 – $1,800

Main Strategy: Short if the price is rejected at $1,950 – $2,000, Long if there is a strong breakout

⚠️ Wait for price reaction confirmation before entering trades! 🚀

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