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We are live in the society ! where copy paste posts reach bigger than own 😂🥱
atleast try to change something 🤡

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How to Make $50 with a 3-Minute Candle: Powerful Patterns for Quick Gains

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Ethereum (ETH/USDT) Technical Analysis and Prediction Current Price: $2,474.11 (-2.00%) Timeframe: 1-hour chart Moving Averages EMA(7): $2,468.14 EMA(25): $2,481.77 EMA(99): $2,537.58 The shorter-term EMAs (7 and 25) are below the EMA(99), indicating a bearish trend on this timeframe. The price remains below the EMA(99), which often acts as a resistance in downtrending markets. MACD (Moving Average Convergence Divergence) MACD Line: 2.81 Signal Line: Close to the MACD line, indicating weak momentum. The MACD is slightly positive, suggesting a minor bullish attempt. However, with the MACD line near zero and the histogram close to neutral, momentum remains weak. A clear crossover or divergence could provide a stronger signal. RSI (Relative Strength Index) Current RSI: 57.23 The RSI is hovering near the midpoint, showing neither overbought nor oversold conditions. This suggests that ETH may be in a consolidation phase, with no immediate strength for a breakout. Stochastic RSI Stochastic RSI: 93.53, indicating an overbought condition The Stochastic RSI is in the overbought zone, suggesting a potential short-term pullback as the price may face downward pressure. --- Market Sentiment and Prediction Given the bearish setup with EMA levels and the overbought Stochastic RSI, Ethereum may face resistance near the EMA(99) at $2,537.58. Predicted Short-Term Value: If bearish momentum continues: ETH could retest support around $2,380. If ETH breaks above EMA(99): A potential upside target could be around $2,600, but this would require stronger bullish momentum and a MACD breakout above zero. Summary The overall trend remains bearish on this timeframe, with potential short-term consolidation or a pullback. A break above $2,537.58 would signal a possible trend reversal, but until then, ETH may continue to face downward pressure.

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