Signal ETHUSD Buy — H1 - June 24, 2026 23:09 GMT-4
The ETHUSD H1 chart shows a clear downtrend from the high of 1779 down to a trough near the 1585 level, followed by a pronounced consolidation around the 1610‑1625 zone. The last three hourly bars have produced higher lows (1614, 1617, 1621) while volume has gradually risen, indicating accumulating buying pressure. A bullish engulfing pattern formed at the 1620 level, breaking the descending trendline that has constrained the pair since the 1650‑1660 range. The break of this resistance aligns with the 50‑period moving average, providing additional confirmation. With the swing low at 1594 acting as a natural floor, a stop‑loss…