📣Analysis of Ethereum trends and sharing action proposals on Saturday, 29/11:
Ethereum reached its peak yesterday, buy orders have completely taken profits, the trend is unstable at the level of 3100 and a price drop has occurred, currently the price is at 3000, is this a weakening of the trend or an accumulation adjustment? From the analysis of Ethereum price trends in the four-hour timeframe, the price has recently fluctuated around 3000, with a long candle shadow appearing on November 28, indicating clear selling pressure at high levels. During the period from November 26 to 29, a slight adjustment trend formed, with peaks gradually decreasing, and the low support point around 2992. MACD: In the 4-hour cycle, DIF and DEA continue to decline, and the MACD chart shows an expanding green bar trend, indicating that the bearish strength dominates in the short term. RSI: The RSI value has gradually retreated from the overbought area, currently around 52, not yet entering the oversold area, but momentum is weakening. EMA: EMA7 has fallen below EMA30, and EMA120 is far from the current price, indicating clear short-term average pressure, with EMA7 creating dynamic resistance for the price. Overall daily trading volume is shrinking, reflecting a decrease in market participation. In the 4-hour cycle, after significant fluctuations, trading volume increased and then gradually decreased. 11/29 shares tips for Ethereum operations: Recommend to place a buy order near the 2970-2980 zone of Ethereum, target points: 3030-3060-3080. The market is changing rapidly, the article is practical, everything is predicted in advance 💰$ETH $BTC #成长值抽奖赢iPhone17和周边 #Gate广场圣诞送温暖 #比特币行情观察 #晒出我的Alpha积分 #内容挖矿赚丰厚返佣 $ETH
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📣Analysis of Ethereum trends and sharing action proposals on Saturday, 29/11:
Ethereum reached its peak yesterday, buy orders have completely taken profits, the trend is unstable at the level of 3100 and a price drop has occurred, currently the price is at 3000, is this a weakening of the trend or an accumulation adjustment?
From the analysis of Ethereum price trends in the four-hour timeframe, the price has recently fluctuated around 3000, with a long candle shadow appearing on November 28, indicating clear selling pressure at high levels. During the period from November 26 to 29, a slight adjustment trend formed, with peaks gradually decreasing, and the low support point around 2992. MACD: In the 4-hour cycle, DIF and DEA continue to decline, and the MACD chart shows an expanding green bar trend, indicating that the bearish strength dominates in the short term. RSI: The RSI value has gradually retreated from the overbought area, currently around 52, not yet entering the oversold area, but momentum is weakening. EMA: EMA7 has fallen below EMA30, and EMA120 is far from the current price, indicating clear short-term average pressure, with EMA7 creating dynamic resistance for the price. Overall daily trading volume is shrinking, reflecting a decrease in market participation. In the 4-hour cycle, after significant fluctuations, trading volume increased and then gradually decreased.
11/29 shares tips for Ethereum operations:
Recommend to place a buy order near the 2970-2980 zone of Ethereum, target points: 3030-3060-3080.
The market is changing rapidly, the article is practical, everything is predicted in advance 💰$ETH $BTC #成长值抽奖赢iPhone17和周边 #Gate广场圣诞送温暖 #比特币行情观察 #晒出我的Alpha积分 #内容挖矿赚丰厚返佣 $ETH