ابن المعاون

Comprehensive analysis of TOTAL2 using moving averages, Bollinger Bands, RSI, Stochastic, MACD, and price candles (weekly timeframe, April 2025) 1. Moving Averages SMA10 and SMA20: SMA10 (3,628,754,926) is above SMA20 (-21,289,069,573), indicating strong bullish momentum in the short term. SMA30 and SMA50: SMA30 (980,201,918,567) is below SMA50 (1,021,961,807,383), reflecting temporary weakness in the medium term, but the current price (954,041,000,000) is above the averages, reducing the impact of this weakness. SMA100 and SMA200: SMA100 (1,095,955,313,757) and SMA200 (1,012,587,144,560) are above the current price, indicating a correction after previous highs. A previous golden cross (SMA50 > SMA200) supports the long-term bullish trend, but the current price below these levels suggests a correction. 2. Bollinger Bands Values: Upper limit: 1,688,043,873,120. Middle line (SMA20): 961,789,924,756. Lower limit: approximately 235,535,976,392. Situation: The current price (954,041,000,000) is close to the middle line (961,789,924,756), indicating the end of the previous overbought condition (at 1,555,150,516,891) and the beginning of stabilization or correction. The bands are wide, reflecting ongoing high volatility. 3. RSI (Relative Strength Index) Values: RSI (14): 46, neutral momentum with a decline from previously high levels (73). RSI (3, 14) K%: 73, short-term bullish momentum. RSI (3, 14) D%: 31, divergence between short and long momentum. Situation: RSI (14) at 46 supports the idea of the current correction after the previous overbought condition. K% (73) indicates potential short-term bullish momentum, but D% (31) warns of possible weakness. 4. Stochastic and MACD Stochastic RSI: K% (14, 3, 3): 73, D% (14, 3, 3): 31, supporting short-term bullish momentum but with divergence indicating caution. Stochastic (26, 12): -21,289,069,573, reflecting high volatility. MACD: MACD (26, 12): -21,289,069,573, indicating negative momentum in the medium term, aligning with the current correction. 5. Candlestick Analysis General trend: The chart shows a strong rise from about 900B to 1.414T (peak), then a sharp drop to 954B. Candlestick patterns: Peak (1.414T): a large bearish engulfing candle followed by consecutive bearish candles, indicating a strong bearish reversal after the overbought condition. Current correction: The price dropped to 954B, close to the middle line of the Bollinger Bands. Recent candles are small (Doji and long shadow candles), indicating indecision in the market and attempts to stabilize. Support: The price is close to a major support level at 961,789,924,756 (middle line of the Bollinger Bands). Recent candles show slight rebound attempts (long lower shadows), indicating buying pressure at this level. Resistance: The first resistance level at 1,021,961,807,383 (SMA50), then 1,177,470,072,163 (SMA100). 6. Bitcoin Dominance Bitcoin dominance at 64% is pressuring TOTAL2, supporting the current correction. A drop in dominance below 60% could enhance bullish momentum. 7. Support and Resistance Levels Resistance: 1,021,961,807,383 (SMA50). 1,177,470,072,163 (SMA100). 1,688,043,873,120 (upper limit of Bollinger Bands). Support: 961,789,924,756 (middle line of Bollinger Bands and SMA20). 948,301,748,032 (SMA10). 900B (psychological and historical support). Summary General trend: Bullish in the long term due to the previous golden cross, but the market is currently in a correction phase. Current situation: The price has dropped from 1.414T to 954B, aligning with the previous overbought condition (RSI 73, near the upper limit of Bollinger Bands). Candles show indecision (Doji and small candles) with rebound attempts at the support level of 961B. RSI (14) at 46 supports the correction, but K% (73) indicates possible short-term bullish momentum. Current signal: Potential buy signal if the price stabilizes above 961,789,924,756 with a strong bullish candle (like Bullish Engulfing). Sell signal if the price breaks below 948,301,748,032 (SMA10) with a large bearish candle. Risks: Continued Bitcoin dominance (64%) could push the price down to 900B. Current indecision may lead to sideways movement if no clear momentum appears. Recommendation Wait for confirmation of a rebound at 961,789,924,756 with a strong bullish candle to open a buy position. Set a stop loss below 948,301,748,032. Target 1,021,961,807,383 (SMA50) or 1,177,470,072,163 (SMA100). If the price breaks below 948B, prepare for a drop to 900B. Monitor Bitcoin dominance (a drop below 60% could enhance the rise).

Technical analysis of the ETH/USDT price

1. General trend

Current price: $2,083.93 (+4.57% up).

The overall trend is down after reaching the top at $4,107.80.

The price has broken multiple support levels and is currently trading at a relatively low level.

There is a slight recovery in price with a gradual rise.

2. Moving Averages (EMA)

EMA 7 (Short-term): $2,006.20 (showing the beginning of a recovery).

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