ETH/USDT – 2H – BUY

The 2H ETH/USDT chart has fired a cluster of bullish signals, including a Trendline Retreat Up, BOP Zero Cross Up, Fibonacci Break UpTrend, Bullish Harami, Inverted Hammer, Below The Stomach, and Support Level Retreat Up. Together, these indicate that buyers are stepping in near a key support level, with momentum shifting from bearish to bullish. The confluence of candlestick reversal patterns and a break above a Fibonacci uptrend line suggests that the recent pullback may be losing steam, and a bounce toward resistance is possible.

However, the broader trend context is mixed. While the 1D timeframe shows a solid bullish trend, all shorter timeframes from 15m to 12h remain bearish, with the 2H trend itself only forming. This suggests that the bullish signals on 2H are counter-trend relative to the lower timeframes, and the bounce could be a corrective move within a larger downtrend. The nearest resistance at 1936.99 is a critical level to watch; a break above it would strengthen the bullish case, while a failure could lead to a retest of support at 1848.70.