$ETH 4/12 Evening Analysis of the Two-Week Candle


Trend: Continually weak, volume increasing downward, has touched key support
Correlation: BTC moving weaker in sync, ETH even weaker
Key Levels
Support (Below)
• 2175–2185: Current position, the first strong support in the short term
• 2140–2150: Next level of strong support
Resistance (Above)
• 2200–2210: First resistance tonight, the turn point between top and bottom
• 2245–2260: Strong defense by the bears
1. Short-term bullish (conservative)
• Entry: 2175–2185 zone (near current price) lightly add long positions
• Stop-loss: below 2160 (abandon if broken)
• Targets: First: 2200–2210
Second: 2245–2260
2. Short (wait for rebound)
• Do not chase shorts! Wait for a rebound
• If rebound to 2200–2210 cannot hold, try short again
• Stop-loss: above 2220
• Targets: 2182 → 2175 → 2150
Reminder ⚠️
Already reached support zone, do not blindly chase shorts #eth #Gate廣場四月發帖挑戰 #Gate現貨衍生品雙雙衝進全球前三
ETH-3,97%
BTC-2,97%
View Original
post-image
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin