📉 ETH IN A CONSOLIDATION PHASE AFTER TESTING RESISTANCE! ⚡
The daily chart of ETH/USDT shows a technical correction and consolidation phase, trading at 2.481,08, which represents a -0,56% adjustment over the last 24 hours. Its daily operating range recorded a maximum of 2.523,30 and a minimum of 2.442,44, reflecting a logical cooling-off after testing levels close to the upper zone.
🔍 Trend Analysis and Indicators
Trend: Bullish short-term consolidation. Price is oscillating near the fast moving average MA(7) (2.482,15), keeping solid and favorable structural distance versus the MA(25) (2.409,36) and the MA(99) (1.943,31).
Bollinger Bands: Price retreats from the upper zone and seeks stabilization around the middle line MB: 2.465,33 (with the upper band at UP: 2.532,71 and the lower band at DN: 2.397,96), indicating a temporary moderation in volatility.
Structural Floor: The fundamental technical support of the prior base remains firmly at 1.512,00, while the immediate ceiling to watch is located at 2.566,53.
💡 Trading Strategy: Buy or Sell?
Buy (Long)?: This healthy correction and the approach to tactical support zones offer a more prudent opportunity to look for staggered entries, avoiding chasing the price at highs. Proper risk management and a strict Stop Loss are essential.
Sell (Short)?: A high-risk counter-trend trade, since the overall market structure continues to support buyers. It would only be considered under a clear loss of relevant supports.
#ETH #AnalisisTecnico #CryptoTrading
Lord blesses and prospers the one who operates here, in the name of Jesus, because your word says: "The silver is mine, and the gold is mine, says the LORD of hosts." Hageo 2:8 RV1960-T -
$ETH
The daily chart of ETH/USDT shows a technical correction and consolidation phase, trading at 2.481,08, which represents a -0,56% adjustment over the last 24 hours. Its daily operating range recorded a maximum of 2.523,30 and a minimum of 2.442,44, reflecting a logical cooling-off after testing levels close to the upper zone.
🔍 Trend Analysis and Indicators
Trend: Bullish short-term consolidation. Price is oscillating near the fast moving average MA(7) (2.482,15), keeping solid and favorable structural distance versus the MA(25) (2.409,36) and the MA(99) (1.943,31).
Bollinger Bands: Price retreats from the upper zone and seeks stabilization around the middle line MB: 2.465,33 (with the upper band at UP: 2.532,71 and the lower band at DN: 2.397,96), indicating a temporary moderation in volatility.
Structural Floor: The fundamental technical support of the prior base remains firmly at 1.512,00, while the immediate ceiling to watch is located at 2.566,53.
💡 Trading Strategy: Buy or Sell?
Buy (Long)?: This healthy correction and the approach to tactical support zones offer a more prudent opportunity to look for staggered entries, avoiding chasing the price at highs. Proper risk management and a strict Stop Loss are essential.
Sell (Short)?: A high-risk counter-trend trade, since the overall market structure continues to support buyers. It would only be considered under a clear loss of relevant supports.
#ETH #AnalisisTecnico #CryptoTrading
Lord blesses and prospers the one who operates here, in the name of Jesus, because your word says: "The silver is mine, and the gold is mine, says the LORD of hosts." Hageo 2:8 RV1960-T -
$ETH
