📈 Spot Technical Analysis: ETH/USDT on Binance 🟢
Market analysis publication for your trading log and Binance Square:
📊 Key Market Data
🪙 Pair: ETH/USDT (Ethereum)
💵 Current Price: 2.767,44 USDT (-0,63%)
🇻🇪 P2P Reference Price: ≈ Bs 2.356.890,27
⚖️ Order Book Strength: 32,24% on Buys vs. 67,76% on Sells (seller-dominant in the short term book)
📉 Chart Reading and Moving Averages
🟩 Price Movement: Ethereum is consolidating after reaching a recent high at 2.807,34 USDT and setting a low at 2.712,20 USDT.
📈 Technical Structure:
MA(7): 2.749,70 USDT (First key dynamic support)
MA(25): 2.674,45 USDT (Intermediate support)
MA(99): 2.531,58 USDT (Main trend support)
💡 Technical Comment: Ethereum remains trading in a healthy manner above its three moving averages (MA7, MA25, and MA99), confirming the bullish structure in the observed timeframe. Although the order book shows higher selling pressure at $2.767 USDT (67,76%), price is strongly supported by the MA(7) at $2.749 USDT.
💬 Do you think $ETH will break the $2.800 USDT resistance in the coming hours or correct to seek the MA(25)? Share your opinions in the comments! 👇
$ETH BTCUSDT
Market analysis publication for your trading log and Binance Square:
📊 Key Market Data
🪙 Pair: ETH/USDT (Ethereum)
💵 Current Price: 2.767,44 USDT (-0,63%)
🇻🇪 P2P Reference Price: ≈ Bs 2.356.890,27
⚖️ Order Book Strength: 32,24% on Buys vs. 67,76% on Sells (seller-dominant in the short term book)
📉 Chart Reading and Moving Averages
🟩 Price Movement: Ethereum is consolidating after reaching a recent high at 2.807,34 USDT and setting a low at 2.712,20 USDT.
📈 Technical Structure:
MA(7): 2.749,70 USDT (First key dynamic support)
MA(25): 2.674,45 USDT (Intermediate support)
MA(99): 2.531,58 USDT (Main trend support)
💡 Technical Comment: Ethereum remains trading in a healthy manner above its three moving averages (MA7, MA25, and MA99), confirming the bullish structure in the observed timeframe. Although the order book shows higher selling pressure at $2.767 USDT (67,76%), price is strongly supported by the MA(7) at $2.749 USDT.
💬 Do you think $ETH will break the $2.800 USDT resistance in the coming hours or correct to seek the MA(25)? Share your opinions in the comments! 👇
$ETH BTCUSDT
