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Is this ETH rebound a foot-stomping cotton candy🍡? Or is it the prelude to the true rise?
Brothers and sisters of Gate, I am your forever strong and steady Arthur. ETH has been quite the "performer" recently: just as the red three soldiers completed their formation, a "bearish engulfing" pattern appeared, and the rebound was tripped up immediately.
📊Let me break down a chart:
- The EMA144 is still pressing down, and the price is not going up;
- MACD wants to golden cross but lacks the strength;
- The K-line trend feels uncertain, and the trading volume cannot support hope;
- The oscillation range has expanded, volatility has increased, but the sense of direction has disappeared.
📌Reference range:
- Support at 1410, only if it holds will there be a discussion;
- Pressure 1636/1721, only by breaking through can one turn around;
- Stop-loss level: 1380/1813, risk control first!
Do you think it's a lurking opportunity now, or a window period for a decline? Share your tactical logic in the comments section👇
I am Arthur, paying attention to comments, a free consultation channel from a top team is opened for you, only serving ambitious madmen.