ETH Haoge's trading strategy today
On September 18, ETH is trading around 2475. After a major drop from the previous high at 2663, it pulled back sharply and hit a low of 2357. A long lower shadow support remains below, and there are clear signs of short-term stabilization and rebound. Although the overall 4-hour trend is still within a downward channel, the short-term moving averages have collectively turned upward, and bullish recovery signals are gradually emerging.
Technically, the outlook is positive: a MACD bottom golden cross is forming, red histogram bars are continuing to expand, and bullish momentum is recovering steadily. Price has moved and held above the Bollinger middle band; however, this rebound is currently on low volume. There is noticeable sell pressure in the 2475–2480 range. Below, 2355–2365 is the strong support floor, while 2480 is the first resistance level in the short term.
Overall, the market is in a range-bound recovery after a major selloff, with the rebound trend gradually starting to unfold. Today’s trading plan is to follow the trend and go long: look for pullbacks in the 2445–2475 zone to buy in batches at lower levels. The first target is 2505. If price breaks above and stabilizes, then continue to look upward toward 2560, taking advantage of the rebound opportunities at lower levels. #ETH $ETH
On September 18, ETH is trading around 2475. After a major drop from the previous high at 2663, it pulled back sharply and hit a low of 2357. A long lower shadow support remains below, and there are clear signs of short-term stabilization and rebound. Although the overall 4-hour trend is still within a downward channel, the short-term moving averages have collectively turned upward, and bullish recovery signals are gradually emerging.
Technically, the outlook is positive: a MACD bottom golden cross is forming, red histogram bars are continuing to expand, and bullish momentum is recovering steadily. Price has moved and held above the Bollinger middle band; however, this rebound is currently on low volume. There is noticeable sell pressure in the 2475–2480 range. Below, 2355–2365 is the strong support floor, while 2480 is the first resistance level in the short term.
Overall, the market is in a range-bound recovery after a major selloff, with the rebound trend gradually starting to unfold. Today’s trading plan is to follow the trend and go long: look for pullbacks in the 2445–2475 zone to buy in batches at lower levels. The first target is 2505. If price breaks above and stabilizes, then continue to look upward toward 2560, taking advantage of the rebound opportunities at lower levels. #ETH $ETH
