The instrument is in a medium-term uptrend. The current market strength on a scale of zero to one hundred is fifty. It is recommended to work on the long side. Locally, there is a tendency for a decline as the price attempts to turn around, exiting the ascending channel with a lower boundary around 1611.34. Below this level, speculative sales are possible. In the event of a return to the channel and consolidation within it, the likelihood of a successful short sharply decreases, and it is recommended to work only on purchases. A breakthrough of the upper boundary of the channel at 1783.13 will indicate an acceleration of the current uptrend. However, a reversal of the medium-term trend downwards is possible if the price drops and consolidates below the level of 1540.76
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ETHUSDT Analytical review.
The instrument is currently in a medium-term uptrend.
The current market power on a scale of zero to one hundred is 56.
Buying is recommended. Locally, the price has formed an ascending price channel and is currently trading inside it.
The lower boundary of the channel is at the level of 1616.12, while the upper boundary is at the level of 1787.91.
Considering both the local and global trends, continuation of growth is more likely in the speculative and medium-term. If there is a breakthrough and fixation above the level of 1787.91, as well as a rebound from the level of 1616.12, opening long positions may be possible.
Breaking through and fixing below the lower boundary may break the current local uptrend, and in this case, speculative sales may be possible.
However, a medium-term short position may be considered when the price drops and fixes below the level of 1557.33, in which case it will be possible to talk about a reversal of the medium-term trend downwards.
The instrument is currently in a medium-term uptrend.
The current market power on a scale of zero to one hundred is 56.
Buying is recommended. Locally, the price has formed an ascending price channel and is currently trading inside it.
The lower boundary of the channel is at the level of 1616.12, while the upper boundary is at the level of 1787.91.
Considering both the local and global trends, continuation of growth is more likely in the speculative and medium-term. If there is a breakthrough and fixation above the level of 1787.91, as well as a rebound from the level of 1616.12, opening long positions may be possible.
Breaking through and fixing below the lower boundary may break the current local uptrend, and in this case, speculative sales may be possible.
However, a medium-term short position may be considered when the price drops and fixes below the level of 1557.33, in which case it will be possible to talk about a reversal of the medium-term trend downwards.
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The instrument is currently in a medium-term uptrend. The current market power on a scale of zero to one hundred is 59. Buying is recommended. Locally, the price has formed an ascending price channel and is currently trading inside it. The lower boundary of the channel is at the level of 1619.47, while the upper boundary is at the level of 1791.26. Considering both the local and global trends, continuation of growth is more likely in the speculative and medium-term. If there is a breakthrough and fixation above the level of 1791.26, as well as a rebound from the level of 1619.47, opening long positions may be possible. Breaking through and fixing below the lower boundary may break the current local uptrend, and in this case, speculative sales may be possible. However, a medium-term short position may be considered when the price drops and fixes below the level of 1557.33, in which case it will be possible to talk about a reversal of the medium-term trend downwards.
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ETHUSDT Analytical review. In the medium term, the instrument is in an uptrend.The current market power on a scale of zero to one hundred is 57. It is recommended to work on the long side.
Within this trend, the price has formed a corrective downtrend channel and is currently trading within it. The lower boundary of the channel is currently at the level of 1534.54, while the upper boundary is at the level of 1675.42.
Given the local trend, it is speculatively possible to work on the short side when the price breaks and consolidates below the level of 1534.54, or when it bounces off the upper boundary of the channel around 1675.42. A medium-term short position can be considered when the price drops below the level of 1557.33, and consolidation below this level will indicate a reversal of the medium-term trend to the downside.
As for long positions, both speculative and medium-term purchases are better made when the upper boundary of the channel at 1675.42 is broken and consolidated above it. The breakthrough of this level will indicate a possible end of the corrective movement and a resumption of the uptrend
Within this trend, the price has formed a corrective downtrend channel and is currently trading within it. The lower boundary of the channel is currently at the level of 1534.54, while the upper boundary is at the level of 1675.42.
Given the local trend, it is speculatively possible to work on the short side when the price breaks and consolidates below the level of 1534.54, or when it bounces off the upper boundary of the channel around 1675.42. A medium-term short position can be considered when the price drops below the level of 1557.33, and consolidation below this level will indicate a reversal of the medium-term trend to the downside.
As for long positions, both speculative and medium-term purchases are better made when the upper boundary of the channel at 1675.42 is broken and consolidated above it. The breakthrough of this level will indicate a possible end of the corrective movement and a resumption of the uptrend
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ETHUSDT Analytical review.
Currently, there is global uncertainty in the instrument. The current market strength on a scale of zero to one hundred is at 42. If the correction continues and the price drops below the level of 1557.33, it can be considered a break in the medium-term growth and the development of a downward trend, while a rise above the level of 1724.07 confirms an uptrend and may lead to its strengthening. Locally, the price has formed a falling channel and is trading within it. Speculative deals on a rebound from the channel boundaries are possible. Short from the level of 1671.35, long from the level of 1530.47. If the price consolidates below the level of 1530.47, the probability of a local downtrend and a medium-term reversal downwards increases. On the other hand, a breakthrough and consolidation above the level of 1671.35 can signal the end of the correction and the resumption of the upward trend, or continuation of sideways movement
Currently, there is global uncertainty in the instrument. The current market strength on a scale of zero to one hundred is at 42. If the correction continues and the price drops below the level of 1557.33, it can be considered a break in the medium-term growth and the development of a downward trend, while a rise above the level of 1724.07 confirms an uptrend and may lead to its strengthening. Locally, the price has formed a falling channel and is trading within it. Speculative deals on a rebound from the channel boundaries are possible. Short from the level of 1671.35, long from the level of 1530.47. If the price consolidates below the level of 1530.47, the probability of a local downtrend and a medium-term reversal downwards increases. On the other hand, a breakthrough and consolidation above the level of 1671.35 can signal the end of the correction and the resumption of the upward trend, or continuation of sideways movement
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ETHUSDT Analytical review.
Currently, there is global uncertainty in the instrument.
The current market strength on a scale of zero to one hundred is at 43.
If the correction continues and the price drops below the level of 1557.33, it can be considered a break in the medium-term growth and the development of a downward trend, while a rise above the level of 1724.07 confirms an uptrend and may lead to its strengthening.
Locally, the price has formed a falling channel and is trading within it.
Speculative deals on a rebound from the channel boundaries are possible.
Short from the level of 1666.47, long from the level of 1525.59.
If the price consolidates below the level of 1525.59, the probability of a local downtrend and a medium-term reversal downwards increases.
On the other hand, a breakthrough and consolidation above the level of 1666.47 can signal the end of the correction and the resumption of the upward trend, or continuation of sideways movement.
Currently, there is global uncertainty in the instrument.
The current market strength on a scale of zero to one hundred is at 43.
If the correction continues and the price drops below the level of 1557.33, it can be considered a break in the medium-term growth and the development of a downward trend, while a rise above the level of 1724.07 confirms an uptrend and may lead to its strengthening.
Locally, the price has formed a falling channel and is trading within it.
Speculative deals on a rebound from the channel boundaries are possible.
Short from the level of 1666.47, long from the level of 1525.59.
If the price consolidates below the level of 1525.59, the probability of a local downtrend and a medium-term reversal downwards increases.
On the other hand, a breakthrough and consolidation above the level of 1666.47 can signal the end of the correction and the resumption of the upward trend, or continuation of sideways movement.
Trade active:
ETHUSDT Analytical review. Currently, there is global uncertainty in the instrument. The current market strength on a scale of zero to one hundred is at 42. If the correction continues and the price drops below the level of 1557.33, it can be considered a break in the medium-term growth and the development of a downward trend, while a rise above the level of 1724.07 confirms an uptrend and may lead to its strengthening. Locally, the price has formed a falling channel and is trading within it. Speculative deals on a rebound from the channel boundaries are possible. Short from the level of 1656.7, long from the level of 1515.82. If the price consolidates below the level of 1515.82, the probability of a local downtrend and a medium-term reversal downwards increases. On the other hand, a breakthrough and consolidation above the level of 1656.7 can signal the end of the correction and the resumption of the upward trend, or continuation of sideways movement.
Trade active:
ETHUSDT Analytical review. Currently, there is global uncertainty in the instrument. The current market strength on a scale of zero to one hundred is at 42. If the correction continues and the price drops below the level of 1557.33, it can be considered a break in the medium-term growth and the development of a downward trend, while a rise above the level of 1724.07 confirms an uptrend and may lead to its strengthening. Locally, the price has formed a falling channel and is trading within it. Speculative deals on a rebound from the channel boundaries are possible. Short from the level of 1651.82, long from the level of 1510.94. If the price consolidates below the level of 1510.94, the probability of a local downtrend and a medium-term reversal downwards increases. On the other hand, a breakthrough and consolidation above the level of 1651.82 can signal the end of the correction and the resumption of the upward trend, or continuation of sideways movement
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