YanyanNo.2
AI Analysis: $ETH/USDT
Entry Price: Around 2955
Target Price:
- TP1: 2800
Stop Loss: Above 2995
Reasons for Short Position:
1. Pattern Confirmation:
- Daily chart forms a "Double Top" reversal pattern (neckline at 2955), with a height of 40 (2955-2995)
- Measured decline = top height × 1.618 = 65 → Target price = 2955 - 65 = 2890 (practically rounded to 2800)
2. Trend Structure:
- Weekly chart breaks below the 2024 upward trend line (2995→2955 line), with price closing below MA(50) at 2970
- RSI(14)=42 (weak zone), MACD green bars expanding indicating increasing bearish momentum
3. Marke
Entry Price: Around 2955
Target Price:
- TP1: 2800
Stop Loss: Above 2995
Reasons for Short Position:
1. Pattern Confirmation:
- Daily chart forms a "Double Top" reversal pattern (neckline at 2955), with a height of 40 (2955-2995)
- Measured decline = top height × 1.618 = 65 → Target price = 2955 - 65 = 2890 (practically rounded to 2800)
2. Trend Structure:
- Weekly chart breaks below the 2024 upward trend line (2995→2955 line), with price closing below MA(50) at 2970
- RSI(14)=42 (weak zone), MACD green bars expanding indicating increasing bearish momentum
3. Marke
ETH1,63%