11.01 $ETH Short-term trading idea
Current price: 2266.26
Short-term trend: The 15-minute chart shows high-level consolidation after a sharp rise and pullback. After reaching 2277.51, the price encountered resistance and pulled back, dipping to a low of 2244.61. In the short term, the price has fallen below the upper Bollinger Band and is now repeatedly testing the middle band (2266.83), forming a long lower shadow. 2260.60 and 2244.61 provide short-term support. The overall center of gravity is moving higher, and the market is generally consolidating with a bullish bias.
Buy on dips: Enter with a small position on a pullback to around 2255 - 2265
First target: 2270 - 2275
Second target: 2280 - 2290
$BTC $ETH
Current price: 2266.26
Short-term trend: The 15-minute chart shows high-level consolidation after a sharp rise and pullback. After reaching 2277.51, the price encountered resistance and pulled back, dipping to a low of 2244.61. In the short term, the price has fallen below the upper Bollinger Band and is now repeatedly testing the middle band (2266.83), forming a long lower shadow. 2260.60 and 2244.61 provide short-term support. The overall center of gravity is moving higher, and the market is generally consolidating with a bullish bias.
Buy on dips: Enter with a small position on a pullback to around 2255 - 2265
First target: 2270 - 2275
Second target: 2280 - 2290
$BTC $ETH
