1. Analyze the current situation
- Last price: 2,650.59 USDT (+2.70%).
- Volatility: Maximum in 24h — 2,692.61, minimum — 2,450.72.
- Indicators:
- RSI(14): 73.17 (overbought).
- EMA(50): 2,154.65 (price above EMA, trend is upward).
- MACD: 1.47 (positive, but weak signal).
2. Safe strategy
Approach: Conservative, focusing on risk management.
Entry rules:
- Long position (purchase):
- Wait for a correction to support (for example, EMA(50) ~2,154.65 or level 2,450.72).
- RSI should return below 70 (exit from overbought).
- Confirmation of volume growth.
- Short position (sale):
- Only if RSI > 75 and price tests resistance (2,692.61).
- MACD shows slowing growth (convergence of lines).
Exit rules:
- Take profit: 3-5% from entry (for example, 2,730 for long, 2,550 for short).
- Stop-loss: 2% from entry (for example, 2,600 for long, 2,750 for short).
Additional security measures:
- Do not risk more than 1-2% of capital in one trade.
- Avoid trading during high volatility moments (news, sharp movements).
3. Example scenario
- Current signal: RSI 73.17 — overbought. Waiting for:
1. Corrections to 2,550-2,600.
2. RSI decreases below 70.
3. Purchases with targets of 2,650-2,700 and a stop at 2,530.
4. Recommendations
- Use limit orders instead of market orders.
- Take profits in parts (50% at the first take profit, the rest — trailing stop).
The strategy minimizes risks through clear entry/exit conditions and prioritizes capital preservation.
#ETH #BinanceAlphaAlert #Ethereum #ETH🔥🔥🔥🔥🔥🔥 #CryptoAdoption