$ETHFI
Entry: 1.1500 (Confirmation after breaking 1.147 with a strong 5-minute bearish candle)
Targets:
TP1: 1.135
TP2: 1.122
TP3: 1.105 (In case the break continues)
Stop Loss: 1.163 (Above the current resistance + above MA24 and Bollinger)
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Technical Analysis
Recommendation Degree: 2
Confirmation Ratio: 92%
All technical indicators suggest a loss of upward momentum and an entry into a corrective wave or temporary sharp decline.
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Condition and Confirmation for Entry
Wait for a strong 5-minute candle to close below 1.147 with high volume (preferably accompanied by an increase in negative MACD and a decline in RSI).
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⚠️ Disclaimer
Trading in futures contracts carries high risks. Ensure to use capital management diligently and do not enter the trade if the confirmation conditions are not complete.
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