Is this rebound of ETH a foot-stomping cotton candy🍡? Or is it the prelude to the true rise?
Brothers and sisters of Gate, I am your forever tough-talking and steady-handed Arthur. ETH's recent trend has been quite the "performance": just after the red three soldiers were drawn, a "bearish engulfing" came along, and the rebound was directly tripped up.
📊Let me break down a chart:
- The EMA144 is still pressing down, and the price cannot go up;
- MACD wants to golden cross but feels powerless;
- The K-line trend feels uncertain, and the trading volume cannot support the hope;
- The fluctuation range has expanded, volatility has increased, but the sense of direction has disappeared.
📌Reference Interval:
- Support at 1410, only if it holds will there be a discussion;
- Pressure 1636/1721, it can only turn around if it breaks;
- Stop-loss level: 1380/1813, risk control first!
Do you think it's a lurking opportunity now, or a gap period of decline? Share your tactical logic in the comments section👇
I am Arthur, pay attention to the comments, the top team opens a free consultation channel for you, only serving ambitious madmen. #BTC #PI #ETH
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Is this rebound of ETH a foot-stomping cotton candy🍡? Or is it the prelude to the true rise?
Brothers and sisters of Gate, I am your forever tough-talking and steady-handed Arthur. ETH's recent trend has been quite the "performance": just after the red three soldiers were drawn, a "bearish engulfing" came along, and the rebound was directly tripped up.
📊Let me break down a chart:
- The EMA144 is still pressing down, and the price cannot go up;
- MACD wants to golden cross but feels powerless;
- The K-line trend feels uncertain, and the trading volume cannot support the hope;
- The fluctuation range has expanded, volatility has increased, but the sense of direction has disappeared.
📌Reference Interval:
- Support at 1410, only if it holds will there be a discussion;
- Pressure 1636/1721, it can only turn around if it breaks;
- Stop-loss level: 1380/1813, risk control first!
Do you think it's a lurking opportunity now, or a gap period of decline? Share your tactical logic in the comments section👇
I am Arthur, pay attention to the comments, the top team opens a free consultation channel for you, only serving ambitious madmen. #BTC #PI #ETH