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Hong Kong, April 9, 8:21 PM, ETH support and resistance levels
Follow me—if you have any questions you don’t understand, come ask me in the chat room in time
The three cycles have not been able to form upward resonance. The large, medium, and small cycles all point to weak consolidation—waiting for direction—so the core of the current strategy is to trade in line with the trend, mainly shorting at higher prices.
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Short reference: 2229 ——— 2244 (prefer to do)
Long reference: 2121 ——— 2100 (try with a small position)
ETH resistance levels above
First resistance: around 2204 (45% chance of breakout)
Second resistance: around 2229 (60% chance of breakout)
Third resistance: around 2244 (50% chance of breakout)
Fourth resistance: around 2274 (30% chance of breakout)
ETH support levels below
First support: around 2146 (55% chance of breaking down)
Second support: around 2121 (70% chance of breaking down)
Third support: around 2100 (65% chance of breaking down)
Fourth support: around 2076 (40% chance of breaking down)
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$ETH