$ETH Ethereum Market Analysis Based on the 1.2.4 hour cand

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$ETH Ethereum Market Analysis

Based on the 1.2.4 hour candlestick, the current MA line is in an upward channel. We have already entered a position at 2640.

What can I say, brothers, the short position on Ethereum has already been established, and we are currently in profit. The take-profit target remains unchanged, aiming for around 2530.

Resistance levels above are 2670, 2730, and 2800.

I have experienced three rounds of bull and bear cycles, focusing on short-term trading strategies. I analyze strategies in real-time every day. If you enjoy watching strategies, feel free to follow for free.

钱潮Dec

$ETH Ether Market Analysis

From the four-hour perspective, the Bollinger Bands are trending downward with a slight opening, and the price broke below the lower band in the morning. Both KDJ and MACD are turning downward, and the trading volume remains weak.

Although the four-hour chart is in a downward consolidation, the strength is noticeably insufficient. Moving forward, we will primarily focus on shorting at high points.

Once the price rebounds above 2640, we can open a short position with a stop loss of 30 points, and set the take profit target around 2530.

Having experienced three cycles of bull and bear markets, I specialize in short-term swing trading strategies. I analyze real-time strategies every day, and those interested in watching the strategies can follow $ETH for free.

Aviso legal: inclui opiniões de terceiros. Não constitui aconselhamento. A Binance AI pode ser utilizada sem garantia. Consulta os Termos e Condições.

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