$EURI analysis
@CZ best coin after
$BNB Okay heres the analysis of the
#EURUSDT A Quick Look at the Chart 📈
💥Current Price 10861 🚀
♥️Moving Average MA 7 10820 〰️
💫 Hull Moving Average HAMA 99 10830 🌈
🪄Moving Average MA 200 10782 ⏳
Overall Trend Analysis 🧭
The price is currently soaring high ⬆️ above all the main moving averages MA 7 HAMA 99 MA 200
and this gives us a strong indication of an upward trend at the moment 💪
🔹MACD Indicator Gives us a green light 🟢 with its positive values DIF 00006 DEA 00001
🔹MACD 00005 supporting the bullish momentum
🔹 RSI 6 Indicator Has reached the overbought zone at 713858 ⚠️.
which might mean we need to be cautious of a potential pullback or slight correction
🔹Williams R 14 Indicator Is also indicating overbought conditions at -153846 🚩
Conclusion The overall trend is bullish 🚀 but the momentum indicators suggest the market might be a bit overheated 🔥
👍Suggested Trading Scenario
Example Only 🎯
Assuming we want to enter a buy trade
Potential Entry Point A good opportunity might be to enter near the 10835 level 🚪
especially if we see a positive bounce after testing this level
🎯Suggested Targets 🥅🙂↕️
⭐ Target 1 10875 ✨
⭐ Target 2 10880 🌟
⭐ Target 3 10895 🌠
💥Stop Loss to protect your investments 🛡️
Can be placed at the 10775👈 level
below the MA 200 as an extra layer of protection
👑 Risk management is key 🔑 Never invest more than you can afford to lose
Wishing you successful trading 🍀
#Write2Earn #WhaleMovements