$ETH Trade Insight
Current Price: ~$1,900.36
Recent Movement: +4% surge from $1,800 to $1,910
Technical Signal: Strong Buy
✅ Bullish Indicators
Moving Averages (5, 10, 20, 50, 100, 200): All indicate a buy.
MACD (12,26): +22.21 (Buy signal)
ADX (14): 37.945 (Strong trend)
CCI (14): 146.42 (Buy)
Williams %R: -9.12 (Overbought)
⚠️ Caution
RSI (14): 73.61 (Overbought)
Stochastic RSI (14): 95.79 (Overbought)
📈 Strategy
Watch for Pullback: Short-term correction likely around $1,850-$1,870.
Mid-Term Upside: Uptrend remains intact, key resistance at $1,873.
Risk Management: Tight stop-loss recommended due to overbought signals.
Conclusion:
ETH shows strong upward momentum but be cautious of short-term corrections. Mid-term outlook remains positive if resistance levels are breached.
