ETHFI 1H Analysis - Key Triggers Ahead

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ETHFI 1H Analysis - Key Triggers AheadETHFI / TetherUSBINANCE:ETHFIUSDTCryptosWinter👋🏻 Hey everyone! How’s it going? Hope you’re all doing well. ❄️ Welcome to Crypto Winter. ⏰ Today, we’ll be analyzing ETHFI and exploring its potential opportunities. 👀 On the 1-hour timeframe of the ETHFI coin, we can see that after an upward move and completing a very strong bullish leg, this coin has entered an accumulation phase, and with a breakout and confirmation above the top of this accumulation zone, it can resume its bullish move and continue higher. This coin is one of the strong DeFi coins that is responsible for restaking. The identified triggers for this coin are the breakout of the taker seller zone and the price level of 1.533, which almost overlap. This means that this zone has both maker seller and taker seller, and with good buying volume, we can pass through this area. 💸 On the 1-hour timeframe of the ETHFIBTC pair, this trading symbol is currently in accumulation and moving upward. If this move is maintained and the interest rate news also comes with a multi-level decrease, this trading symbol can eliminate its taker seller zone in the pairs it has, fill the sell orders, and continue moving upward. 🧮 Looking at the RSI oscillator, we see one important level at 70. Once momentum crosses this zone, the ETHFI could make a strong move with momentum, potentially entering either the overbought area. 🕯 The volume size and number of green candles at the end of this compression have increased, and even several times it has given indecision candles, and then moved to the bottom of this compression. Usually, to break the taker seller zone, we need a whale candle that in the pullback or stop hunt gives us an indecision candle. 🧠 For entering this coin and taking a long trade, we must wait for the taker seller zone to break, and then enter the trade with an indecision candle. We can also set a stop loss, but it is not very safe because if unexpected news comes, the market can have high volatility. Risk management & capital management must not be forgotten, since the news will be released in 30 minutes.