$ETH
Ethereum
We are currently in a consolidation phase. Do you understand what it means to consolidate at this level?
The upper high is 1842, which serves as the resistance. There will be a rebound upwards, but the probability of breaking this level is low. My strategy still considers short positions.
A false breakout followed by a continued downward movement is my thought process.
The support levels on the hourly chart are 1800, 1735, and 20.
If it breaks below 20, a significant correction will ensue and we may go bearish. What do you think, brothers?
I share strategy points and articles every day. Friends who like it can follow me.
玖叔专属聊天室，行情讨论交流
Ethereum
We are currently in a consolidation phase. Do you understand what it means to consolidate at this level?
The upper high is 1842, which serves as the resistance. There will be a rebound upwards, but the probability of breaking this level is low. My strategy still considers short positions.
A false breakout followed by a continued downward movement is my thought process.
The support levels on the hourly chart are 1800, 1735, and 20.
If it breaks below 20, a significant correction will ensue and we may go bearish. What do you think, brothers?
I share strategy points and articles every day. Friends who like it can follow me.
玖叔专属聊天室，行情讨论交流
