2024.3.22 #ETH Market Analysis

Chart Analysis (H1 Chart)

1) Trend: Uptrend.

2) Standard accumulation structure. After hunting, the upward structure is destroyed, and you step back to pull up.

3) Here we still continue to look at the bearish OB test of H4. If the breakthrough is stable, we continue to look at the previous high test. If it falls below last night's low, you need to pay attention. Then there will be a shock and decline internally, and you will pay attention to the H1 bullish OB buying opportunity.

Trading recommendations:

1) I picked up the 3400 last night and continued to place H1 bullish OB buy orders for the spot.

2) Pay attention to the bearish OB breakout of H4 and the buying opportunity near 3600.

PS: This article is only a personal opinion and is not intended as investment advice. Please be responsible for your profits and losses. The community morning report is updated twice a day and contains market analysis of multiple trading pairs such as#BTC#ETH #SOL. Welcome to join the community to read.