$ETHFI: Major Breakout Signals Emerge on $ETHFI Higher Timeframes
LONG SETUP ETHFI
Entry: $0.69350 - $0.69700
Stop Loss: $0.67000
Take Profit: $0.74575 (2R)
Key Levels: Support $0.67220 | Resistance $0.70700
Technical Analysis for $ETHFI: MACD shows a positive histogram and the line sits above its signal, confirming bullish momentum. EMA9, EMA21 and EMA50 are all below price, aligning with an uptrend, while ADX at 36 signals a strong trend. RSI at 68 adds further upward bias. Together, these indicators favor LONG continuation toward resistance.
Market Context: BTC is up 1.24% on the 24hour chart despite a bearish 4hour trend, and the overall market is broadly positive with 92%
LONG $ETHFI
LONG SETUP ETHFI
Entry: $0.69350 - $0.69700
Stop Loss: $0.67000
Take Profit: $0.74575 (2R)
Key Levels: Support $0.67220 | Resistance $0.70700
Technical Analysis for $ETHFI: MACD shows a positive histogram and the line sits above its signal, confirming bullish momentum. EMA9, EMA21 and EMA50 are all below price, aligning with an uptrend, while ADX at 36 signals a strong trend. RSI at 68 adds further upward bias. Together, these indicators favor LONG continuation toward resistance.
Market Context: BTC is up 1.24% on the 24hour chart despite a bearish 4hour trend, and the overall market is broadly positive with 92%
LONG $ETHFI