March 13, 10:30 AM ETH Trend Analysis

Naked Candles and Volume: Daily chart shows four consecutive bullish candles, but volume is contracting which is unhealthy, and the major trend remains in consolidation. Still oscillating in the wide 1824-2134 range ( currently showing breakthrough tendency ), conservative traders are advised to observe, resistance levels. Aggressive traders can take short positions with stop loss for scalping, those wanting to trade the breakout should enter longs after pullback following the breakthrough. 4-hour volume shows bullish advantage, accumulation forming with relatively small bearish volume.

Moving Averages: Daily 1996-2035 is the dense MA support zone. 4-hour MAs are intertwined in consolidation pattern, this pattern requires waiting for the lotus emerging from water pattern. Before it appears, focus on short-term trades; after it appears, trade according to the trend.

MACD: Price action pulled up strongly with golden cross forming on 1-hour. 4-hour and daily still haven't broken out of consolidation trend.

Bollinger Bands: Current price action is suitable for 4-hour scalping, sell upper band, buy lower band, always use stop loss for protection against trend reversal, don't hold losing positions. This indicator's reference value is decreasing but still applicable. Aggressive traders don't need to wait for the lower band to go long, can attempt at the middle band.

Supply and Demand: Upper resistance: 2156-2200, 2251-2294, Lower support: 2034-2075, 1904-0941, 1834-1865, 1796-1825 choose one.

Vegas Channel: 4-hour support 2043-2066-2207-2268.

Fibonacci Sequence: During consolidation, use 15-minute or 1-hour Fibonacci indicator for short-term trading. 1906-2148 retracement 0.236 is 2091, 0.382 is 2056, 0.5 is 2027.

Personal Suggestion For Reference Only: Price shows consolidation breakout tendency but hasn't broken yet, conservative traders wait for pullback after breakout to go long, aggressive traders scalp small shorts at resistance with stop loss, not forcing positions or holding losses. If breakout fails, conservative traders can enter longs when price pulls back to support near 2065. #比特币站上七万美元 $ETH