ETH is in a compression zone between two important EMAs, which could lead to a strong directional move soon. If you intend to enter or adjust your position:
- Wait for confirmation above the EMA 20 with increasing volume.
- Alternatively, a drop towards the 2.440 zone with sustained support could be an interesting medium-term entry.
⚠️ *Disclaimer: This is not financial advice. Analyze the market and use only capital that you can afford to risk. I recommend checking the charts yourself.
Exploring new crypto options. $AAVE seems like a good project but it looks like it will be bearish at least this week if it breaks $285, as a correction to around $271.8 would be expected.
Since I don't like to trade bearish, I will be monitoring the drop to try to buy.
Waiting for entry point for $SOL for $135, super important to monitor news and 4-hour chart to confirm if there is a trend change. I don't like to operate bearishly and that's why I will wait for the trend change
$XRP with the recent news about XRP and its growth in institutional adoption, I'm just waiting for it to break this zone of moving average compression, let's wait this week :)