$ETH
Trend Analysis:
The 15m and 1h charts show slight downward momentum, indicating a short-term pullback.
The 4h and 1D charts show consolidation after the recent dip, suggesting that the market is looking for direction.
4. Moving Averages:
The 50-period MA is slightly above the current price, which could act as resistance.
The 200-period MA is still below, showing that the long-term trend is bullish.
5. RSI (Relative Strength Index):
RSI is at 45, suggesting the asset is neither overbought nor oversold, but leaning towards a neutral stance. It indicates potential for a reversal if the price approaches support levels.
Trade Signals:
1. Bullish Signal:
If ETH moves above $3,620 and holds, we can expect a rally toward $3,760.
Entry Point: $3,620 (Breakout above resistance)
Stop-Loss: $3,600 (Just below recent low)
Target Levels:
Target 1: $3,680 (Intermediate resistance)
Target 2: $3,730 (Resistance near the 4-hour chart)