ETH 1-hour indicator shows Bollinger Bands opening and closing within the range of 2914-2971. The midline upward movement corresponds to a price of 2944, and ETH's price is approximately 2940 based on the moving average indicator.


The MA5 and MA10 double lines are crossing downward and currently are above ETH, corresponding to prices of 2947-2941. The 30-day moving average is trending downward at approximately 2940. The 60-day moving average is trending downward at approximately 3000, the 120-day at 3059, the 240-day at 3126; the 360-day moving average is trending upward at approximately 3107.
MACD: Below the zero line, bullish momentum is gradually decreasing. The fast line crosses above the slow line and is trending upward.
RSI: 46-38. Both lines still have a downward trend. Currently in a normal trading phase.
Resistance levels above: 2950, 2963, 2977
Support levels below: 2893, 2815
ETH Direction: Touching the middle Bollinger Band on the 1-hour chart and then pulling back. Currently in a short-term sideways consolidation phase. The range is 2893-2977.
Summary:
High short strategy: Not provided for now.
Low long strategy: Long position at 2893, add to position at 2977.
First take profit for the high short:
First take profit for the low long: 2950. Second 2977.
ETH0,86%
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