$ETH 10.31, the triangle consolidation before the ETH daily chart has turned into a small trading range, and the continuous downward movement has driven the price towards the rising trend. The price has repeatedly touched the lower 3700-3730 area, forming strong support multiple times. If this area is tested again, the price will inevitably plummet during the session, impacting down to 3500-3400. In the short term, there are no significant reversal signs seen. The 4-hour chart, after breaking the trend downwards, is currently still in the rebound and repair stage. The points to watch during the day are in the 3910-3920 area, which would be relatively reasonable for repair! I mentioned this last night. The small cycle attack line shows an inverse head and shoulders pattern, with the right shoulder located in the 3760-3780 area! If given the opportunity, it is advisable to look for rebound space in this area, with the upper safe area for the rising trend preferably at the 3910-3920 position! Therefore, the day's trading suggestion is to focus on high rising trends, with low long trades as a support.
Trading suggestions for the 3760-3780 area, look for the 3850-3920 area, counter-trend short at 3920-3910, and you can hold for 3710-new low! #今日你看涨还是看跌?
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$ETH 10.31, the triangle consolidation before the ETH daily chart has turned into a small trading range, and the continuous downward movement has driven the price towards the rising trend. The price has repeatedly touched the lower 3700-3730 area, forming strong support multiple times. If this area is tested again, the price will inevitably plummet during the session, impacting down to 3500-3400. In the short term, there are no significant reversal signs seen. The 4-hour chart, after breaking the trend downwards, is currently still in the rebound and repair stage. The points to watch during the day are in the 3910-3920 area, which would be relatively reasonable for repair! I mentioned this last night. The small cycle attack line shows an inverse head and shoulders pattern, with the right shoulder located in the 3760-3780 area! If given the opportunity, it is advisable to look for rebound space in this area, with the upper safe area for the rising trend preferably at the 3910-3920 position! Therefore, the day's trading suggestion is to focus on high rising trends, with low long trades as a support.
Trading suggestions for the 3760-3780 area, look for the 3850-3920 area, counter-trend short at 3920-3910, and you can hold for 3710-new low! #今日你看涨还是看跌?