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August 21 Ether intraday analysis
Yesterday, the Ether price was amazing! It rebounded from the lowest point of 4074 directly to around 4245! We directly gained 170 points! During the live broadcast, I repeatedly emphasized waiting for opportunities to open shorts in the 4225-4245 range! It directly dropped to our target position near 4100, gaining over 100 points! Additionally, the square gave a key position at 4360 for a short, and that has gained 70 points now! Almost all lows and highs were predicted accurately!
Ether has currently failed to break through the trend line and will again look for support below. Everyone needs to pay attention to the trend line around 4150! It is very likely to form support and continue to rise! On the daily level, a bottom model has appeared, engulfing the big bearish candle from the day before yesterday. It remains to be seen whether this is indeed the bottom model. You can consider entering the spot market around 4200!
Resistance levels above Ether are 4400-4560-4670. Support levels below are 4200-4150-4036-4000.
The Ether has now formed a daily bottom model, and it is time to slowly enter the spot market. I have emphasized multiple times that everyone's OKB spot has taken off!
#ETH