$ETH

#IsraelIranConflict

#IsraelIranConflict Market News and Concerns

Since the Israeli attack on Iran, the market has experienced a strong shock and has dropped 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, requiring 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 technically appears to be in an upward direction, as its strength has decreased to its lowest level, and the Bollinger Band volatility is at its highest, with price action also extended.

So, technically, the market is a good buy option.

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

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

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

For immediate holding, the price of SOL is the lowest at 142, which can be used to buy SOL immediately.