ETH's recent trend looks quite interesting. The daily price has already strongly broken through the EMA(99) purple long-term moving average resistance, which is a key signal for a bullish reversal.



From the moving average arrangement, EMA(7) has already moved up and crossed the entire group of moving averages. The short-term moving averages now form a solid support. If the price retraces to the 3280-3300 range, it would be a good time to enter the market decisively.

Volume and price action are also quite coordinated. The bottom is clearly lifting, and this large bullish candle with increased volume has broken out, opening up room for further upward movement. Looking upward, 3450 is the first target, and it wouldn't be surprising to see higher levels.

**Specific trading plan:**

📍 Enter around 3310-3330 for more stability

🎯 Take profit in two stages, at 3440 and 3550, taking some profits at each level

🛡️ Set stop-loss below 3250 to protect the position
ETH4,92%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
SignatureAnxietyvip
· 9h ago
Oh no, it's that 3280 level again. Every time they say it will bounce back here, but it never happens, right?
View OriginalReply0
FlashLoanLarryvip
· 9h ago
Hmm, EMA(99) has broken through. This time, it's not a scam, right?
View OriginalReply0
GasFeeCriervip
· 9h ago
Really, if EMA99 breaks below, the market will turn bullish. Why do I still feel a bit anxious? If I enter at 3310, will it drop again? I've heard this kind of signal too many times.
View OriginalReply0
LostBetweenChainsvip
· 9h ago
Wait, can 3250 really hold? This momentum looks a bit fierce, but I still want to wait for a pullback before making a decision.
View OriginalReply0
DataPickledFishvip
· 9h ago
Wow, this wave of market movement is really something. I have already marked the level at 3280-3300, just waiting for it to hit my stop-loss order haha.
View OriginalReply0
MidnightGenesisvip
· 9h ago
On-chain data shows that the pressure level is indeed worth monitoring, but I need to check the trading volume again at the 3310 level. EMA crossover sounds good, but don't forget the ghost line traps from the same period in previous years. This pattern has repeated several times. There may be a few more tests before 3450. Based on past experience, there could be unexpected volatility late at night. I'm currently tracking contract movements.
View OriginalReply0
CryptoDouble-O-Sevenvip
· 9h ago
Oh man, this wave of ETH is really starting to strain, entering at 3310 is definitely solid, just worried it might be a false breakout again.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt