Tradexel_FX Analysis for $ETH
Current price: $2,567.39
Main support: $2,510
Main resistance: $2,625
Technical indicators:
RSI: 62.9 → Moderate bullish momentum
MACD: Bullish crossover
EMA 20/50: Price is above it → Supports the bullish trend
Ichimoku: Price is above the cloud with a positive crossover
My view:
The overall trend is bullish as long as the price is above $2,510. A smart entry would be after confirming the bounce from support with strong bullish targets.
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Potential trading points:
Entry point: $2,510 with confirmation of price bounce
Stop loss: Below $2,445
First target: $2,625
Second target: $2,705
Third target (optional): $2,850 in case of breaking resistance
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What do you think?
Do you agree with the analysis? Share your prediction in the comments.
