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$ETH #CreatorLeaderboard
ETH/USDT, I can see different timeframes showing the same price action around $2,140.10. Let me analyze the market structure and create a trade plan.
Market Structure Analysis
Current Structure:
· Price is trading at $2,140.11 (-2.28%)
· 24h Range: $2,099.38 - $2,195.62
· Current price is below key EMAs showing bearish momentum
Break of Structure (BOS):
· Price broke below the ascending support structure
· Previous lows around $2,150-$2,160 have been breached
· Confirmed bearish BOS on the 1D timeframe
Demand Zone Identified:
· Primary demand: $2,099 - $2,111 (24h low and BOLL lower band)
· Secondary demand: $2,073.83 (BOLL LB on longer timeframe)
Liquidity Levels:
· Upside liquidity: Above $2,195.62 (24h high) and $2,233.75
· Downside liquidity: Below $2,099.38 (24h low) and $2,073.83
Volume Analysis
· Current VOL: 6.07K (below MA5: 8.43K and MA10: 7.96K)
· Decreasing volume suggests weakening momentum
· MACD shows bearish momentum with negative values
Liquidity Patterns
· Price likely hunting liquidity below recent lows
· Sweep of $2,099 could trigger further downside
· Stop runs likely at both ends of the range
Trade Plan: Liquidity Sweep+Hunt+Run
Entry Strategy:
Wait for price to sweep below $2,099 (taking out buy stops) then look for reversal signals
Setup:
· Entry Zone: $2,085 - $2,095 (after liquidity sweep)
· Stop Loss: $2,070 (below recent lows and BOLL LB)
· Take Profit 1: $2,140 (reclaiming current level)
· Take Profit 2: $2,170 (mid-range)
· Take Profit 3: $2,195 (24h high)
Position Size ($500 account):
· Risk 2% ($10 per trade)
· Entry: $2,090
· Stop: $2,070 ($20 risk)
· Position size: 0.5 ETH ($1,045 notional, but using leverage appropriately)
Why This Trade Plan is Good:
1. Captures the liquidity sweep pattern visible in the structure
2. Multiple timeframe confirmation (1D trend, 4h momentum, 15m entry)
3. Clear invalidation level ($2,070)
4. Risk:Reward of 1:2.5 (risking $20 to make $50)
5. Volume contraction suggests exhaustion before the move
Execution Steps:
1. Wait for price to break below $2,099 with volume spike
2. Look for bullish divergence on RSI or MACD
3. Enter on first 15m candle closing above $2,090 after the sweep
4. Move stop to breakeven after first TP hit
This setup respects market structure while capitalizing on the high-probability liquidity grab pattern.