What kind of awkward period is Ethereum in.


Although I don't want to admit it, based on the current daily chart structure, Ethereum is already bullish overall.
The support at the middle band of the Bollinger on the daily chart is effective, so it will test the upper band resistance again.
On the 4-hour chart, after hitting 2464 last time, RSI divergence was formed, but there was no divergence in the price increase.
Therefore, breaking through 2464 again to form a divergence in price is also a good shorting opportunity.
On the 15-minute chart, a bottom pattern was formed at 11:30 in the morning, followed by a nice stretch, and no divergence at the corresponding level afterward, so the possibility of the price rising again is high.
Operational summary: if you are a predictive trader, you can go long near 2320, first look at around 2350 above, and if momentum continues and breaks through around 2380, you can take some profits.
Continue to look higher at 2420 or even the previous high of 2464.
Stop loss at 2280.
If you are a right-side trader, you can wait for the appearance of divergence and dual indicator divergence before making a decision. #WCTC交易王PK $ETH
ETH1,64%
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RedAdeman
· 4h ago
Just charge forward 👊
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