The price is currently oscillating at the 15-30 minute level, about 27500-28440. It is gradually converging in this range. Once the convergence is over, there is an 80% probability of continuing to test the upper level. It is also necessary to pay attention to the possibility of breaking through the channel, and the volume energy is also gradually decreasing, which is a shrinking adjustment. , so observe the second upward test. Once it breaks through 28440, the bulls will continue. The current double bottom target is around 29200.
Resistance level【28400, 29200, 29800】
Support level [27500, 26800, 26600]
Ethereum is also gradually converging and oscillating, oscillating around 1875-1930. Once the price does not fall back below the neckline at a new low, there will still be an 80% probability of continuing to break through the target upward to 1990.
Resistance level [1927, 1960, 1990]
Support level [1875, 1822, 1815]
The market is changing rapidly. If you make a profit, move the stop loss to the opening price in time. The point can only be used once. Do not open the same point again after being stopped. Do not place orders at high times. You must bring a stop loss. Stop the loss twice and close the position gradually. Open a position and gradually reduce it. If others are greedy, I will be fearful. If others are fearful, I will be greedy. It is not recommended for novices to do futures contracts.
May 31, 2023
The above analysis is for reference only and does not constitute investment advice.
