Ethereum Analysis and Trading Suggestions on Saturday Morning
Current Market: Ethereum has seen a sharp short-term price increase, with consecutive bullish candlesticks indicating strong buying pressure. The price is in a strong range between the middle and upper Bollinger Band; Bitcoin has also risen rapidly, with bullish candlesticks showing dominance from buyers. It is important to note that both prices are close to the upper Bollinger Band and may face short-term pressure. A more prudent trading suggestion is to buy after a pullback.
Trading Suggestions:
Ethereum: Buy near 4650, target 5000
