#EthereumSurpasses$2700
š ETH BREAKOUT PLAYBOOK: $2,700 CLEARED. WHAT'S NEXT?
Ethereum just confirmed a major breakout. Here is the technical setup you need to know:
1ļø The "Golden" Setup:
ETH is now trading above all major Exponential Moving Averages (EMAs).
20-day: $2,502
50-day: $2,335
200-day: $2,227
When price is above all these, the trend is officially UP.
2ļø The RSI Sweet Spot:
RSI is at 67.
Below 70 means it is NOT overbought yet.
This suggests there is still "fuel in the tank" for a move to $2,800 or $3,000.
3ļø The "Flip" Zone:
$2,600 was the ceiling for most of September. Now that we are above it, $2,600 becomes the floor (support).
My Strategy:
Bullish Case: Hold above $2,600 ā Target $2,760 ā Then $3,000.
Bearish Case: Lose $2,600 ā Retest $2,500.
Are you buying the breakout or waiting for a dip?
#TechnicalAnalysis #Ethereum #TradingStrategy #ETH #Binance
š ETH BREAKOUT PLAYBOOK: $2,700 CLEARED. WHAT'S NEXT?
Ethereum just confirmed a major breakout. Here is the technical setup you need to know:
1ļø The "Golden" Setup:
ETH is now trading above all major Exponential Moving Averages (EMAs).
20-day: $2,502
50-day: $2,335
200-day: $2,227
When price is above all these, the trend is officially UP.
2ļø The RSI Sweet Spot:
RSI is at 67.
Below 70 means it is NOT overbought yet.
This suggests there is still "fuel in the tank" for a move to $2,800 or $3,000.
3ļø The "Flip" Zone:
$2,600 was the ceiling for most of September. Now that we are above it, $2,600 becomes the floor (support).
My Strategy:
Bullish Case: Hold above $2,600 ā Target $2,760 ā Then $3,000.
Bearish Case: Lose $2,600 ā Retest $2,500.
Are you buying the breakout or waiting for a dip?
#TechnicalAnalysis #Ethereum #TradingStrategy #ETH #Binance
