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📊 Technical Indicators Summary 1. Price Action ETH is currently trading around $2,511.97. It's consolidating between $2,500 (support) and $2,700 (resistance). The price is moving sideways with no clear breakout yet. 2. Moving Averages On the 4-hour chart, the 7-period EMA is close to the 25-period EMA. A bullish crossover (7 EMA crossing above 25 EMA) would indicate a potential uptrend. However, if the price falls below both EMAs, it could signal bearish continuation. 3. Relative Strength Index (RSI) RSI is around 49.07, which is neutral (not overbought or oversold). This shows indecision in the market but leaves room for momentum in either direction. 4. Chart Pattern ETH is forming an Ascending Triangle, which is generally a bullish pattern. A breakout above the triangle’s resistance could lead ETH towards $3,760. 🔮 Possible Scenarios 🔻 Bearish Case If ETH breaks below $2,500, the next key support is near $2,400. Bearish RSI divergence suggests potential downside pressure. 🔺 Bullish Case A clean breakout above $2,700 and EMA crossover would confirm bullish momentum. In that case, ETH could target $2,800–$3,000, and even higher towards $3,760 (based on the triangle breakout target). 📌 Conclusion ETH/USDT is currently in a neutral to slightly bullish phase on the 4H timeframe. Key levels to watch: Support: $2,500 Resistance: $2,700 Breakout target (if triangle resolves upward): $3,760 #ETH #CUDISBinanceTGE $ETH
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#CircleIPO #MyCOSTrade #BinanceAlphaAlert #EDGENLiveOnAlpha $SOL $XRP $BONK follow
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#CircleIPO This chart shows today's ETH resistance level and support level. Please pay attention to the marked prices and adopt a strategy of going long on pullbacks. If the 2595-2600 range holds, it can continue upwards. If it breaks, look for around 2550 below. A breakout above 2633 targets 2670 and nearby 2721. Remember to manage your take profit and stop loss, and handle your position well. #BTC# #ETH# #GT# #SOL# #TRUMP#EDGENLiveOnAlpha $SOL $ETH $BTC
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#CUDISBinanceTGE On the evening of June 4th, the opening strategy, the Gate fan exchange room has been built, and the brothers who often lose money and blow up will not operate pay attention to me, and there is an opening strategy every day to provide profits with the brothers, ( never open the first position more than 5% of their total funds, otherwise the leverage will be raised, and the sudden surge and fall will not be able to hold it at all, and always leave yourself a chance to make up for the position and pull the average price to save yourself ) (The following strategy is just a suggestion, Flexible changes by yourself) BTC long position strategy on the evening of June 4 ( Enter a Position based on your own risk tolerance ) Enter a Position: 104100-104600 (total funds about 2%) leverage 100X-125X Take Profit Level: 105500-106000 (Take profit when you have it, don't be greedy) Defense Position: 103000 ( falls below the support level to observe the rebound strength. If the rebound can close above the support level within one or two minutes, then do a Margin Replenishment and continue to hold. If it rebounds after breaking down but cannot maintain the support level, then directly close the position. A big dump has a chain effect; the breakdown at that time may be a false breakdown and not a real one. ⇅ BTC short position strategy for the evening of June 4 based on your own risk tolerance Enter a Position (. Enter a Position: 106750-107250 (total capital around 2%) leverage 100X-125X Take profit level: 105500-104000 (take profit when there's a profit, don't be greedy) Defensive Position: 108750 ) breaks through the defense level, we need to see if it can stabilize at the defense level. The previous pump may have been to clear stop losses or to raise prices for selling. After the breakout, we need to watch for a pullback. If each subsequent pullback is higher than the last, it is almost certain that the breakout is stable, and at that time, you can close your position and exit (. )#BTC #pi #SaylorBTCPurchase $SOL $ME
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