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Adriana Montague MPWX
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$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)
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#ETHOnTheRise 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)
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Trend Analysis: 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)
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