📊 Detailed Technical Analysis of Ethereum ($ETH /USDT) Based on Current Data (Strong Rise of 8.14%, High Liquidity): #ETH🔥🔥🔥🔥🔥🔥
✅ General Trend:
- Clearly bullish, with a break of significant resistance levels near $2,600.
- High momentum supported by large trading volume, reflecting strength in buying rather than mere speculation.
📈 Technical Indicators:
- Moving Averages (MA): Short-term averages (MA5 and MA10) are trending upward, with a potential formation of a "Golden Cross" if momentum continues.
- RSI (Relative Strength Index): Close to 70, indicating that the currency may soon enter the overbought territory—but not necessarily the beginning of a reversal, especially during strong upward trends.
- MACD: Positive crossover with an increasing distance between the fast and slow lines = a clear signal for the continuation of the bullish trend.
---
📊 Risk/Reward Ratio
Assuming entry at $2,515 and exit at $2,690 with a stop loss at $2,400:
- Potential profit: ≈ $175
- Potential loss: ≈ $115
- Ratio: Approximately 1 : 1.5 → very suitable for speculation provided that capital management is adhered to.
---
🧠 Additional Recommendations
- Monitor regulatory news or any statements regarding ETFs or network updates like Danksharding.
- Timing is very important: Try to enter after a confirmation candle break, not during a peak.
- Establish a clear plan for trade management before entering—without relying solely on emotion or impulse.
