targeting $1800?
- 1H EMA 21, EMA 34, EMA 89 are trending upwards and the price is above the EMA lines, indicating a short-term uptrend. 4H mid-term trend is increasing and EMA is widening, showing strong buying power.
- BOLL 1H Price is moving in the upper half of the Bollinger bands, close to the upper band but not touching ⇒ there is room for increase but it can be volatile.
4H Bollinger Bands are slightly contracting, possibly preparing for a breakout (usually a sign of strong movement ahead)
- VOL 1H: Volume is gradually increasing, in line with the upward price trend. 4H There is a large volume candle in the 1730–1760 area, a strong support zone.
- 1H: MACD > Signal, Positive Histogram indicating a short-term buy signal. 4H MACD is about to cross above Signal indicating a potential next increase.
- RSI is in a neutral-positive zone, without overbought/oversold signals.
👉 General trend (1H & 4H): UP (price is above EMA, MACD is positive, RSI is not overbought, volume supports $ETH