$ETH

Here is a simplified analysis:

Current trend:

• Price: 3,908.31 (+1.56%). Uptrend confirmed by the Parabolic SAR.

• RSI: Close to the overbought zone (61.86), indicating a risk of correction.

• MACD: Bullish, but with a slight weakening of momentum.

• Stochastic: Overbought, a short-term correction is possible.

Key levels:

• Resistance: 3,959 (to be crossed to target 4,000-4,100).

• Support: 3,635 (area to watch in case of a pullback).

Long term forecast:

• Bullish scenario: If the resistance is broken, ETH could reach $4,200 - $4,500 in early 2024.

• Bearish scenario: A correction could bring ETH back to $3,200 - $3,500.

Strategy:

• Short term: Take profits if the resistance of 3,959 is not broken.

• Long term: Accumulate gradually with a DCA strategy.