August 29 Ether intraday analysis

Ether formed a doji, indicating a significant divergence between bulls and bears. Here, one can go in or out; thus, the small-scale or Bitcoin will determine the entire Ether trend. Yesterday, there was no effective upward breakthrough, and it ultimately consolidated downwards. Therefore, looking at today, the probability of a decline is relatively high, so be cautious! Try to do less buying!

Ether may undergo a second test! Currently, it is entirely supported by the upward trend line, and once it effectively breaks below the upward trend line, it will plummet! When it reaches the second test position, at least 4354 will be reached, and it depends on how the market decides whether the bottom is established around 4270 or 4300!

Resistance levels above Ether are 4515-4560-4635-4700, while support levels below are 4355-4300-4270-4170! When the support level comes down, you can try to rebound, and the resistance level above can be attempted to short! Both will have good feedback effects! #ETH#