📢 TRADING SIGNAL: $ETH / $USDT
🟢 Direction: LONG
📊 Confidence: 73.7%
📉 Technical analysis:
The technical structure indicates clear strength as the price consolidates after the confirmation of a TRIPLE_BOTTOM pattern. The indicators show a strong bullish impulse with a MACD at 18.5336 crossing above the signal and an RSI at 76.0 that supports the trend, while the EMA20 at 1924.4986 remains above the EMA50 at 1902.7997, confirming the uptrend on the 4h timeframe. Volume reflects significant buy-side absorption and the price is approaching the upper Bollinger band at 1969.3351, supported by a strong bullish trend.
🎯 Trading levels:
🟢 Entry: $1955.67
🛑 Stop Loss: $1939.77
🏁 TP1: $1976.87
🏁 TP2: $1982.17
🏁 TP3: $1992.77
⚖️ Risk/Reward ratio: 1:1.33
⏱️ Timeframe: 1H
📐 Confluence: 5/5
The key level to watch is the immediate resistance at $1967.36. The entry condition is validated by maintaining support nearby at $1915.56, and the main risk lies in a technical correction because the RSI is in overbought territory.
#crypto #ETH #trading
🟢 Direction: LONG
📊 Confidence: 73.7%
📉 Technical analysis:
The technical structure indicates clear strength as the price consolidates after the confirmation of a TRIPLE_BOTTOM pattern. The indicators show a strong bullish impulse with a MACD at 18.5336 crossing above the signal and an RSI at 76.0 that supports the trend, while the EMA20 at 1924.4986 remains above the EMA50 at 1902.7997, confirming the uptrend on the 4h timeframe. Volume reflects significant buy-side absorption and the price is approaching the upper Bollinger band at 1969.3351, supported by a strong bullish trend.
🎯 Trading levels:
🟢 Entry: $1955.67
🛑 Stop Loss: $1939.77
🏁 TP1: $1976.87
🏁 TP2: $1982.17
🏁 TP3: $1992.77
⚖️ Risk/Reward ratio: 1:1.33
⏱️ Timeframe: 1H
📐 Confluence: 5/5
The key level to watch is the immediate resistance at $1967.36. The entry condition is validated by maintaining support nearby at $1915.56, and the main risk lies in a technical correction because the RSI is in overbought territory.
#crypto #ETH #trading