#ETH 1H analysis
ETH is still in line with previous expectations
Hold the orange range and increase by 1.8%
It fell below the orange range and fell 4.1%.
Of course, in the process of falling 4.1%
It first reached 1619 and rebounded 1.27%
It almost went according to our ideas but it was larger than expected.
It fell to 0.618, where the green arrow rose.
and bounce back quickly
The current closing of 4H and 1D is still higher than 1619
I still default to oscillating within such a black line.
Assume that the current black arrow rebound has ended
You can consider entering the long position at 0.618 in the black arrow range.
That is (1600.59)
SL is just below the red line