7.23 ETH, Shand i strategy


ETH daily chart shows two needles; the daily long side has been nearly capped for almost a month. Effective resistance at 1956; the weekly mid-band has not been tested yet.
The four-hour chart has a dead cross; the second candle for the shorts. The one-hour Bollinger Band has turned down. Be cautious of a 12-hour DKJ dead cross.
Watch above at 1956 to see whether it can break effectively.

This morning’s live session placed a short on 1939 ETH, and I chased a short at 1934. Currently, all positions are reducing size with breakeven protection. Watch to see if 1922 breaks down; if it does, look near the prior low around 1908.

Shand i daily chart shows the first long candle. On the four-hour chart, double top patterns formed around 1647 with a probe top. The one-hour chart shows the first short candle.
Today’s short is at 1642; currently all positions have been reduced with breakeven protection. Watch whether 1571 can break effectively.

Key levels to watch ahead of today’s US stocks: ETH 1922, Shand i 1571.
#eth #闪迪
SNDK0.70%
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