#ETH Personal analysis: Ethereum has reached
2050–2150. If it breaks below 2000, it could then rally to around 2300.
Then fall to 2200, rally to around 2300, and drop back below 2200. Then rally to 2400–2500, before falling back to around 2050.
Then surge to 2600–2700. It might break the previous high to give the market the impression that a bull run is here.
Then keep falling to around 1900–2000, and finally drop to 1300 before the bull market arrives.
Short-term traders can use this as a reference. 2400–2500🈳
For short-term longs at 1900–2000, take profits and get out! Stop-loss if it breaks below 2500. 2800–2900🈳. If you short at 2800–2900, hold your position. Don’t stop out unless it reaches 3200. Ultimately, I’m looking at 1300.
2050–2150. If it breaks below 2000, it could then rally to around 2300.
Then fall to 2200, rally to around 2300, and drop back below 2200. Then rally to 2400–2500, before falling back to around 2050.
Then surge to 2600–2700. It might break the previous high to give the market the impression that a bull run is here.
Then keep falling to around 1900–2000, and finally drop to 1300 before the bull market arrives.
Short-term traders can use this as a reference. 2400–2500🈳
For short-term longs at 1900–2000, take profits and get out! Stop-loss if it breaks below 2500. 2800–2900🈳. If you short at 2800–2900, hold your position. Don’t stop out unless it reaches 3200. Ultimately, I’m looking at 1300.