#IsraelIranConflict A

Market News and Concerns

Since the Israeli attack on Iran, the market has experienced a strong shock and has fallen sharply. The Israeli Defense Minister also stated that the attacks will continue for a few days, which may further affect the market. However, looking at the technical analyses, the market paints a different picture.

How?

Before this attack, the market was in an overbought condition, necessitating a correction to ease its strength and form a swing low, which has already occurred, and its strength has also calmed down.

The current market situation, from a technical perspective, is in an upward direction, as its strength has decreased to its lowest level, and the Bollinger Band volatility is at its highest levels, and the price movement is also extended.

Therefore, technically, the market is a good buying option.

This is my plan: I have already opened a futures position on Ethereum from 2510, which is a swing average interest rate setup.

Thus, traders can also consider the current market price for a swing average interest rate setup of 10% of their capital.

We will plan a swing average interest rate on this setup as a market move.