$BTC
The current status of ETH/USDT shows the following:
Technical Data:
Current Price: 93,009
Highest Price in 24 Hours: 94,212
Lowest Price in 24 Hours: 91,662
Highest Recent Candle: 94,779
Moving Averages:
MA5 = 90,566 (Trading price above it = positive)
MA10 = 87,502 (Trading price much higher = strong momentum)
MA20 = 84,586 (Supports the upward trend)
Candles: The last 5 strong green candles followed by a small candle (indicates slowing momentum or the beginning of a temporary correction)
---
Quick Analysis:
General Trend: Clearly upward.
Current Resistance Area: 94,700 - 95,000 (If broken consistently, we are talking about 97,000 to 100,000 as a possible target).
First Support Area: 91,000 - 90,500 (Close to MA5).
Main Support Area: 87,500 - 85,000 (MA10 + previous break level).
---
Is the situation dangerous?
Not now, but the current candle is small and shows some hesitation; if it closes today as a doji or red candle, we might see a slight correction before trying to rise again.
---
Conclusion:
As long as the price is above 91,000 and especially above MA5, the trend is upward.
Breaking 90K might lead us to a deeper correction towards 87K.
A daily break above 94,800 opens the way towards 97K.
#BinanceAlphaAlert #BTCvsMarkets #USChinaTensions #TrumpVsPowell #