Technical Analysis ⏳📉
Analysis time 20:46 (UTC+7) on April 3, 2025
1. Current Trend 🧐
Current ETH/USDT price: 1,785.76 USDT (-4.84%).
Short-term downtrend with a strong red candle, breaking short-term support and forming a new bottom in 24h at 1,750 USDT.
Important EMA lines:
EMA 34 : 1,834.83 USDT
EMA 89 : 1,852.86 USDT
EMA 200 : 1,885.29 USDT
→ The current price is trading below all EMA lines, confirming a strong downtrend.
2. Important Technical Indicators 📊
✅ RSI indicator (Relative Strength Index):
RSI 30: 41.08
RSI 50: 43.17
RSI 70: 43.98
→ RSI is in the low zone but not yet in the oversold zone (<30), may continue to decrease further before bouncing back.
✅ Stoch RSI indicator:
STOCH RSI: 35.00
MASTOCH RSI: 33.26
→ Downtrend but showing signs of slight bottom formation.
3. Possible Scenarios 📈📉
🔴 Negative scenario (Continues to decline deeply)
If the price breaks 1,750 USDT, it may continue to drop to the 1,720 - 1,700 USDT range.
When breaking this zone, ETH may test back to 1,680 USDT – an important support zone in the past.
🟢 Positive scenario (Slight recovery or reversal upward)
If ETH holds above 1,750 USDT, it may bounce back to retest the resistance zone of 1,820 - 1,850 USDT (EMA lines).
When the price breaks above EMA 34 and 89, it may target 1,900 - 1,920 USDT.
4. Suggested Entry Price 🎯
📌 Bottom hunting strategy (Long / Buy) 🔼
Entry: 1,750 - 1,770 USDT (strong support zone)
Take profit (TP):
TP1: 1,820 USDT
TP2: 1,850 USDT
TP3: 1,900 USDT
Stop loss (SL): 1,730 USDT (if breaking 1,750 it may drop deeper).
📌 Short selling strategy (Short / Sell) 🔽
Entry: 1,820 - 1,850 USDT (EMA resistance zone)
Take profit (TP):
TP1: 1,780 USDT
TP2: 1,750 USDT
TP3: 1,700 USDT
Stop loss (SL): 1,870 USDT (if breaking EMA 89, the trend may reverse).
5. Conclusion & Strategy 🏆
Main trend: Short-term decline, but may recover if it stays above 1,750 USDT.
Important support: 1,750 USDT, breaking this level may drop to 1,700 USDT.
Important resistance: 1,820 - 1,850 USDT, if broken may test back to 1,900 USDT.
Safe strategy: Observe price reaction around 1,750 USDT before entering.
📢 Note: This is a technical analysis, it should be combined with capital management and market news for effective trading! 🚀
Thank you
🙏 Thank you for taking the time to read this analysis! Hope the information above will help you have a clearer view of ETH's trend and make reasonable trading decisions. Always manage risk tightly and trade intelligently.
If you find it useful, don't hesitate to share or leave your comments! Wish you successful trading and many profits! 🚀📈✨
Disclaimer:
This article was created by AI and is not financial investment advice.
The cryptocurrency market is very volatile, and you should conduct thorough research before making investment decisions.
All investment decisions and risks arising from using the information in this article are the responsibility of the reader.
Article data is taken at the time of analysis.