#ETH On Ethereum, the daily line that closed on Saturday here didn’t have much volume, but it still formed a yang engulfing yin. On the daily chart, we should look at Sunday night’s price action—this is still consolidating in the range of 1828 to 1890. On the four-hour chart, it has already moved out of the consolidation range, but the upward move still doesn’t have volume. Let’s see whether it can hold steady around 1890. If it holds, then go long; if it doesn’t hold, don’t go long. On the one-hour chart, there’s also no volume, so I don’t think we’ll see an upward move. Overall, looking at Sunday night’s trend: as long as it doesn’t fall below 1820 here, this is a normal pattern of bottoms high and tops high. So if the pullback isn’t deep, you can go long.

ETH1.39%
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