Ethereum trading ideas for today: First, go for a snack, and trade in the direction of the breakout. To be bullish in the future, the price must re-establish above the 4-hour midline at 3080/3100.


Snacking: 30-minute Bollinger Bands, key levels are upper band 2980, lower band 2910, midline 2950.
Resistance above: 2950, 2980, 3000, 3030/3050, 3080, 3100, 3130/3150, 3180, 3200/3220, 3280.
Support below: 2930/2900, 2880, 2850/2830, 2800, 2770/2750, 2680/2650, 2600, 2550, 2530, 2480/2450, 2360, 2321, 2280, 2250, 2180.
Breakout signals:
Breakout 1: 2950. The 30-minute midline can be used to observe previous highs at 2980/3000. Resistance at 3000, 3030/3050. If it holds above 3080 without breaking, look for bullish.
Breakout 2: 3030. The 1-hour midline can be used to watch 3050, 3070/3080. If it holds, bullish.
Breakout 3: 3080 (daily, 2-day, 4-hour midline, 15-minute 256, 30-minute 120, 1-hour 60). Breakout indicates bullishness; if it doesn't break, consider shorting.
Breakdown signals:
Breakdown 1: 2900 (30-minute lower band). Watch for 2880/2850, 2830. The hourly and daily lower bands are at 2770, 2750.
Breakdown 2: 2800. The daily lower band. Watch for 2770/2730, 2670, 2620 (2-day lower band).
Breakdown 3: 2-day lower band at 2660. Watch for previous lows at 2620, 2600, 2550, 2500, 3-day lower band at 2460.
Breakouts and breakdowns must include a stop loss of 10-15 points.
Position sizing: Start with 1%, and if multiple breakouts occur, consider 2%.
Support and resistance levels switch roles after breakdown or breakout.
Where the lines and moving averages are located is where they are.
ETH2.02%
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you1216vip
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LongAndShortMustWin,Marketvip
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AbundantWealthvip
· 12-16 12:26
Volatility is an opportunity 📊
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· 12-16 04:19
Hop on board!🚗
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· 12-16 04:15
Hop on board!🚗
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