ETH's head and shoulders structure is not established, but the view remains unchanged. It has not broken through the upper resistance and still does not see a trend reversal. This article will introduce when to enter the market on the right side.
It's very simple. Understand a logic. What is the composition of the entire market? As we all know, it is the candlestick chart K line. Everything has a source, so solve it from the source. When there is an opportunity to enter the market on the right side, pay attention to the K line to close the reversal signal.
At this time, some newbies will ask, what is a reversal signal, simple
Bearish reversal signal, inverted, bearish engulfing, evening star
Bullish reversal signal, hammer, bullish engulfing, morning star
(For more, I recommend reading a book called Japanese candlestick chart, the fastest and most effective way to understand the candlestick chart of K-line. I also share some views in my community every day. Welcome to communicate at any time)
Only with the signal can you decide to enter the market. No signal, no trading. The K-line pattern also follows the law that the larger the level, the more effective it is, just like the key position
The current ETH key support is 3150 (resonating with the trend line, the watershed between the long and short positions in the current rising market). Only after breaking it can we continue to look down to the deeper 3055
