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“Simple to say, hard to follow — the golden rule of trading.”
“Master your emotions. Follow the plan.”
“Buy low. Sell high. Repeat until freedom.” 🔁💰
#ETH
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Creator Jim
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Technical analysis and forecast on #ETH 🔍 August 3, 2025 – 21:34 ✅ Price: 3,510.20 USDC 📈 24h Change: +2.55% 📉 24h Low: 3,354.07 📈 24h High: 3,516.75 📊 Technical Indicators Overview: 1. EMA (Exponential Moving Averages): EMA(9): 3,601.11 EMA(21): 3,500.59 EMA(50): 3,155.64 👉 EMA(9) is below EMA(21), suggesting a short-term bearish trend or pullback. 2. MACD: DIF: 164.99 DEA: 234.44 MACD Histogram: -69.45 👉 MACD is currently bearish, but the decreasing histogram suggests weakening downward momentum. 3. Stochastic RSI: Stoch RSI: 4.53 Signal: 1.94 👉 This is deep in the oversold zone (<20), indicating a possible short-term rebound. 4. Volume: Volume is declining, which often suggests that selling pressure is fading. 🔮 Forecast / Scenarios: 📌 Short-Term (Next 3–5 Days): 🔄 Likely sideways movement between 3,450 and 3,600 USDC. 🟢 If the price holds above EMA(21), it could retest 3,630–3,700. 🔴 If it breaks below 3,450, next supports: 3,228, then 2,826. ✅ Trading Outlook: Buy Opportunity: If price consolidates above 3,500 and EMA(9) turns upward Scalp Trade Long: Possible due to oversold Stoch RSI → target: 3,600+ Stop-Loss (Short-term trades): Below 3,450 USDC #EthereumTurns10 #ETH
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🔍 Key Indicators and Current Situation: 📉 Price: Current Price: $3,615.42 24h Low: $3,563.60 24h High: $3,820.38 Current movement: Downtrend 📊 Moving Averages (EMA): EMA(9) = 3,700.66 (yellow) EMA(21) = 3,746.30 (pink) EMA(50) = 3,734.85 (purple) 👉 The price is below all major EMAs, which confirms a strong bearish trend. 📉 MACD: MACD = -23.74, DIF = -33.44, DEA = -9.69 The histogram is negative and expanding — showing increasing bearish momentum. ⚠️ Stochastic RSI: STOCHRSI = 0.00 Indicates the asset is extremely oversold, which could suggest an upcoming short-term bounce. 📈 Short-Term Forecast (4h to 1 Day): 🔴 Bearish trend dominates, but: There could be a short-term relief bounce up to the $3,660–$3,700 area due to oversold RSI. If the bounce fails to break above EMA(9) (~$3,700), it could just be a “dead cat bounce” (fake rally). If the downtrend resumes, support to watch is around $3,560, with a potential drop towards $3,500 or $3,450 if selling continues. 🟡 Trading Scenarios: For Short-Term Traders (4h–1D): Long setup only if price stabilizes above $3,660–$3,700, with a tight stop-loss below $3,560. Short setup if the price retests EMA(9) and gets rejected — potential target: lower lows. For Swing or Mid-Term Traders: Wait for MACD convergence and a break above EMA(9) and EMA(21). Safer entry if the price forms a base and turns bullish above ~$3,750. 📌 Summary: Signal Status Trend 📉 Bearish Momentum 🔴 Negative RSI (Stoch) ⚠️ Oversold Setup 🟡 Possible short-term bounce, but trend still down #ETH
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“Simple to say, hard to follow — the golden rule of trading.” “Master your emotions. Follow the plan.” “Buy low. Sell high. Repeat until freedom.” 🔁💰 #BTC
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“Simple to say, hard to follow — the golden rule of trading.” “Master your emotions. Follow the plan.” “Buy low. Sell high. Repeat until freedom.” 🔁💰 #ETH #BTC #solana #BNBATH #EthereumTurns10
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