December 27th Ethereum DogeCoin market reference analysis:
Yesterday's strategy reminded that breaking below the support level would lead to a bearish dominance, and if the rebound does not stabilize at the key level, watch the lower support. Yesterday, the Ethereum order strategy successfully generated a 50-point effect, and the buying positions provided by Doge were near, both positions effectively stabilized and rebounded.
For reference only, not an investment advice.
Currently, Ethereum is in a 4-hour level correction market, and after a pullback to the 1-hour level support, a small rebound has occurred. The 1-4 hours currently show a bearish trend, and it is necessary to pay attention, as it is the end of the month and the time to harvest has arrived.
In the early hours, pay attention to the positions of 3400 and 3430. If the rebound stabilizes at 3400, there will be an upward fluctuation at the 1-hour level, and watch whether 3430 can stabilize. If it stabilizes, there will be a good bullish market; otherwise, the bearish trend will continue.
For short-term buying opportunities, pay attention to the support levels around 3260-3250 and 3220-3230.
Support levels to watch: 3260-3230-3190
Resistance levels to watch: 3380-3415-3450
For DogeCoin, pay attention to the support levels which can refer to:
1. Around 0.30895 (with risks to be aware of)
2. Around 0.30125
3. Around 0.272