Disclaimer: This is my personal opinion and is intended for educational purposes only. Please consult your financial advisor before making any decisions.
Time Frame: 1-hour
Market Analysis:
The 1-hour ETHUSD chart exhibits a weakening bullish trend with the Relative Strength Index (RSI) indicating a slight oversold condition and relecting bearish divergence. The price may move up to the point of control, which could act as resistance, potentially leading to a rejection. Key support levels are present at 2,894; if breached, the price could dip to 2,802-2,747.
Key Levels:
Trading Bias:
The ETHUSD price continues to consolidate within a rising wedge pattern, indicating a potential reversal.
https://www.tradingview.com/x/hN0JBKam/
Time Frame: 1-hour
Market Analysis:
The 1-hour ETHUSD chart exhibits a weakening bullish trend with the Relative Strength Index (RSI) indicating a slight oversold condition and relecting bearish divergence. The price may move up to the point of control, which could act as resistance, potentially leading to a rejection. Key support levels are present at 2,894; if breached, the price could dip to 2,802-2,747.
Key Levels:
- Resistance: 3149.00
- Support: 2894.00
- target: 2802.00 - 2747.00
Trading Bias:
The ETHUSD price continues to consolidate within a rising wedge pattern, indicating a potential reversal.
https://www.tradingview.com/x/hN0JBKam/
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.