Signal ETHUSD Buy — H4 - May 1, 2026 04:17 GMT-4
The H4 chart of ETHUSD indicates a strong bullish momentum, with the price breaking above the 200-period moving average and forming higher lows since the beginning of April. The recent candlestick patterns, such as the bullish engulfing pattern, confirm the upward trend. The increased volume on the upswings suggests a strong buying interest, which supports the signal. The price action around the key support level of 2230.06, the stop-loss, indicates a high probability of a successful trade. The target price of 2416.82 is a reasonable expectation, considering the price's historical behavior and the current trend. The Ether price may continue…