Bullish Breakout Confirmed – Focus Shifts to $4,050 and $4,840 Targets

Ethereum (ETH/USDT) 

Date of Analysis: July 18, 2025 

Chart Timeframe: 1D (Daily) 

Source: Vancelian Technical Research  

Strategic Scenario (6 to 12 months): 

Ethereum remains within a broad long-term corrective range between $800 and $4,840. The confirmation of the C2 bottom and the impulsive breakout above $3,180 reinforce the scenario of a bullish resumption. 

With the current breakout now fully validated, ETH is positioned for a potential extension toward the $4,050 intermediate strategic target and the $4,840 zone, which coincides with potential wave D or 3. The maximum potential stands at $7,750 in case of weekly breakout $4,840 

🔸 Tactical Scenario (1 to 3 months): 

The breakout above $3,180 has confirmed the continuation of the bullish impulsive structure initiated from the C2 bottom. Price is now progressing toward the $4,050 tactical target. 

A short-term consolidation may occur between $3,660 and $3,300, but as long as the $2,900 pivot holds, pullbacks are considered opportunities to add long exposure. 

An extended move toward $4,840 remains valid in the event of favorable macro/crypto momentum and sustained strength in BTC and ETH. 

Alternative Scenario: 

If Ethereum fails to hold the $2,900 tactical pivot (confirmed daily close below), bearish momentum may re-emerge. 

This would open the path to retest previous support zones: 

First tactical supports: $2,330, and $2,040 

Broader corrective zone: $1,250–$1,200 in case of deeper macro deterioration 

Technical Key Elements: 

RSI: Bullish, with no divergence — continued upward momentum 

Moving Averages: Price above 20, 50, and 100 EMA (positive structure) 

 Fib Levels: 

Tactical target: $4,050 (61.8%) 

Strategic target: $4,840 (78.6%) 

New tactical pivot: $2,900 

Elliott Wave Structure: 

Wave C2 completed 

Potential Wave 3 in development (or Wave 1 of a new cycle) 

Trade Idea Conclusion: 

Buy Strategy 

Long exposure justified above $3,180, confirmed on daily close 

Add on pullback around $3,300–$3,000, stop-loss below $2,900 

Target 1: $4,050 

Target 2 (extension): $4,840 

Trailing stop advised once price crosses $3,800 

Chart: Daily Basis (Candle Stick) - Logarithmic  
Indicators: Exponential Moving average (21/34/89) - RSI (21) 
 

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