Ethereum Price Looks Bullish, But Only On The Inverted Chart

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2026-02-22 07:00 AM

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereumshows signs of strength, but the bullish picture only emerges on an inverted chart. On the standard view, the downtrend remains intact until key resistance is reclaimed, making the current optimism conditional. Inverted Structure Reinforces Ethereum Bearish HTF Outlook


Presenting an inverted chart in a recent update, Mizer explained that he has been short on Ethereum for several days, outlining what he believes could unfold on the higher time frame(HTF). Mizer clarified that this doesn’t necessarily plan to hold the full position to his projected targets, as he prefers focusing on lower time frame (LTF) opportunities given the difficulty of forecasting HTF moves in the current macro environment. Related Reading Ethereum’s Bounce Still Lacks Conviction — Downside Risk Remains 4 days ago


According to Mizer, Ethereum’s HTF structure remains clear: a distribution phase followed by consistent breakdownssince the $5,000 peak. A parabolic curve formed off that top is a key indicator of this pattern, noting that the price has respected it for months. Until that parabola is decisively broken and price holds above it, the broader downtrend remains intact. Source: Chart from Mizer on X


Zooming into the current price action, Mizer highlighted a strong impulse move into this zone marked by a purple line. This area represents a significant support/resistance flip on the inverted chart: previously resistance, it was broken and now functions as support. Mizer is now closely watching the small blue box on the right side of the chart, which represents the current consolidation following the impulse.  Two Scenarios From Consolidation


The analyst further explained that from the current consolidation zone, there are two primary scenarios unfolding: either continuation after a shallow pullback, or a brief fake breakdown followed by a swift reclaim before the next leg higher on the inverted chart, which would translate to further downside for ETH itself. Related Reading Ethereum Faces High-Stakes Moment at $2,200 as Whale Longs Clash With Bearish Flow Data 2 weeks ago


He described the purple path on his chart as his “ideal” bullish scenario on the inverted structure, essentially tracking price as it continues to respect the long-standing parabolic curve. As long as that parabola remains intact, the broader bearish trajectory remains his base case.


Regarding targets, he divided expectations into short- and long-term objectives. The immediate target sits around $1,700, which he views as the first logical area to take profits and monitor for a potential reaction strong enough to challenge or even break the parabolic resistance.


The final target lies near $1,400, representing the larger extension if momentumfully plays out. However, he emphasized that the setup would be invalidated if ETH loses the key flip zone and begins accepting below it on the inverted chart, a move that would break the parabola and potentially signal a broader trend reversal. ETH trading at $1,965 on the 1D chart | Source: ETHUSDT on Tradingview.com Featured image from Freepik, chart from Tradingview.com

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