2024-09-22 02:46:01

chart analysis——#ETH

Haven't seen Ether for a long time, but subjectively I think it will perform in the near future from a technical perspective:
1. The weekly chart has formed a Rebound after being oversold, and a hanging man candlestick has also appeared. This pattern is relatively accurate, coupled with BTC entering a Rebound phase, which is expected to drive ETH to form a rebound trend. However, the maximum stop loss for medium to long term entry is near 2273.
2. The daily candlestick is still dominated by short positions, but the consecutive increase in volume and the small bullish candlestick push the price upward, with the possibility of a breakthrough. Try to enter near the previous support level, such as the small platform near 2544 on the daily candlestick.
3.1-hour level breaks through the rising triangle, and the trend starts to deviate from BTC, meeting the first condition for strength. The warning level below for the day is 2560, if not broken, go long with determination.

ETH-0,86%

BTC-0,9%

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