#ETH Afternoon Trading Ideas



Yesterday, the second candlestick formed a false breakout of the flag pattern and closed with a modified Morning Star, but it failed to break through the flag and then pulled back. Now it’s testing the lower boundary again. As long as it stays above 2257, it’s fine; a break below indicates weakness.

Trading suggestions:
For 2338, a volume breakout can be chased directly long, with a proper stop loss.

For 2317, a volume breakdown can be chased directly short, don’t forget to set a stop loss.

Support at 2273, stabilize and go long; if it breaks below 2232, exit.

If it stabilizes above 2338, look for 2363-2397.

Near 2397, consider shorting; break below 2416, stop loss.

Left-side positioning: long at 2201, stop loss if broken below 2160.

4-hour break below 2306, watch for 2258-2216. $ETH
ETH1.28%
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