Encelex 3,900 Sneed trunk inspires technical techniques
key atways
Ether is above $3,600 after closing its price by more than 6% over the weekend.
The coin could take as much as $3,900 if the technical indicators blink.
Strong initial markets signal a bullish trend
Cryptocoungy Pube has had a strong start to the week, and this has been seen in the futures and options markets. Futures and Options Markets Futures open interest (OI) in the total amount of open interest (OI) used in the total amount of interest (OI) from 11.11111,7 million to the total exposure.
According to data from Costelass, the leader in daily trading volume, Crispto Exchange, has a share value of more than $8.15 billion, while the CME is close to $7.57 billion.
The more institutions, the more exposure they have to the Ethereum market.
In addition, the options market is also huge, with 65.05% of calls out of 34.95%. There are 1.13 million in call options and more than 1.13 million in the sector. This shows that most of the traders are predicting the copy of the Bitcoin price in the near future.
Traders are waiting for the new temporary prices that are estimated in the near term, many of which will be up to $6 per kg by the end of the year. At press time, Encel is trading at over $3,600 per coin.
Scream of technical indicators $3,900 $3,900
In recent days, Ether has been used for positivity and is effective. Currently, technical indicators have changed momentum on the 4-hour chart, revealing a buying bias.
The end of the 63's ge yers are currently controlled and can be immediately transferred to another place after being severely biased. The MACD fields indicate a strong bullish bias.
After the recovery continues, it may start at $3,910 in the coming hours or days, even if it stays at the next major resistance level. A typical bearish rally would have allowed it to hit the TLQ and major resistance level at $4,271.
However, if the market corrects, M.D.
