25/2/2021 ETHUSDT Might sky rocket but there is a caution

ETHUSDT Today I'm come up with an ETHUSDT analysis.
First of all, I want to say that last 3 days were bad day for Crypto market
but I guess this is a good time for buying crypto currencies and here is why (base on ETHUSDT)

1D chart
As you can see this is the first time in three month that the day candle touch EMA24 since 23 DEC 2020 and at that time after the touching the price was sky rocket.
It also forming pinbar with lower volumn

1h chart
In one hour chart Boilinger band and Stoch which are showing votility and momentum are oversold and also make a higher high so I think there are posibility that the price are about to get back up

Caution
The ADX indicator showing that barish trend power is increasing so in my point of view
there is still a posibility that the price will continuously drop if the next few day it can't close higher than 1687.36

ps. this is my 3rd public analysis so sorry if this is not accurate :)