$ETH Ethereum at 2350 is firmly in the bears’ territory! The moving averages are perfectly aligned bearishly, with a MACD death cross below the zero line and expanding momentum bars. Price is hugging the lower Bollinger Band; declines are accompanied by rising volume, while rebounds come on lower volume. Capital continues to flow out.
Trading recommendation: follow the trend and go short:
Enter short positions at 2370–2390 (on a rebound to EMA7 or below the middle Bollinger Band), set a stop-loss above 2420, and target 2300–2320.
Long positions are not recommended. If you choose to speculate, try a small long position only at 2320–2340, with a stop-loss below 2290.
Until the trend reverses, every rebound is a bull trap. Stay firmly short and use strict stop-losses. Protect your principal to come out on top in the end.
#ETH走势分析
Trading recommendation: follow the trend and go short:
Enter short positions at 2370–2390 (on a rebound to EMA7 or below the middle Bollinger Band), set a stop-loss above 2420, and target 2300–2320.
Long positions are not recommended. If you choose to speculate, try a small long position only at 2320–2340, with a stop-loss below 2290.
Until the trend reverses, every rebound is a bull trap. Stay firmly short and use strict stop-losses. Protect your principal to come out on top in the end.
#ETH走势分析