#ETH Sunday night, April 19th, Two-Bing Trading Ideas



After Two-Bing broke below 2333, it attempted a rebound to regain that level but failed to recover, continuing to weaken afterward.
The bullish flag pattern is likely to be broken, and once it breaks, the 2300 support will also be lost, leading to a test of the previous low at 2281.
If 2281 can hold and form a double bottom, there is still a chance for a reversal; if it drops straight through, focus shifts to 2235.
To stop the decline and rebound, a breakout above the flag resistance and a firm hold at 2379 are necessary; otherwise, the only path is further decline.

Trading suggestions:
Break above 2360 with volume, go long on the right side, and if it breaks and closes below 2333 with volume, go short on the right side, strictly with stop-loss.
If the pullback to 2269 support is effective, go long, with a stop-loss if it drops below 2235.
If it reaches 2413, consider shorting; if it breaks above 2442, set a stop-loss.

On the hourly chart, hold steady above 2360, with resistance at 2397-2435.
On the 4-hour chart, a break below 2334 indicates a target of 2275-2228 below.
ETH-2.88%
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Trader小助理
· 9h ago
Just charge forward and finish it 👊
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