#ETH🔥🔥🔥🔥🔥🔥
What We See on the Chart:
1. Trend Direction:
The price is going upward.
It’s above the yellow and orange lines (these are moving averages), which means the trend is strong and positive.
2. RSI (Relative Strength Index):
RSI is 65.
RSI tells us if the market is too hot (overbought) or too cold (oversold).
Above 70 = overbought. Below 30 = oversold.
65 means the market is bullish (strong) but not overbought yet. So it still has room to go up.
3. MACD (Moving Average Convergence Divergence):
MACD shows momentum (speed of price movement).
The green bars are rising but starting to slow down a bit.
Still positive, which means the upward movement is not finished yet, but watch closely.
4. Bollinger Bands:
Price moved near the upper green band, meaning strong buying recently.
Now it’s pulling back slightly. That’s normal.
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What You Can Do (Beginner Strategy):
Buy on Pullback or Breakout:
Wait for price to either:
Pull back near 2,287 USDT (support zone), then Buy
Break above the level 2,610 USDT, then Buy
Set Stop Loss (Risk Control):
Set stop loss near 2,287 to protect your money if the price falls.
Target (Profit Level):
Set target near 2,738+ to take profit.