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4.23 Ethereum Trend
Daily chart shows a shrinking bullish momentum, 4-hour KDJ shows a death cross.
From a higher timeframe perspective, currently it needs to go through a 4-hour death cross to digest.
1-hour low position can form a golden cross at any time.
Strategy: Buy on dips at low positions, go long on 1-hour golden cross rebound.
Buy near 2345, manually set stop loss at 2341.
Based on the 4-hour death cross, look for a high-to-low trend for momentum.
Short at 2373-2377, stop loss at 2381.
Short near 2398, stop loss at 2402.