According to yesterday's plan, if the Ethereum price falls back to the support and pressure swap level around 3120, it is possible to consider placing long positions.
The market is going as expected, falling back and strengthening.
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LIVE三木Trader
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Bullish
ETH has a chance to strengthen, and the structure is more beautiful! #ETH $ETH
Ethereum's performance in the past two days is weaker than Bitcoin, but the structure is clearer. The horizontal pressure has not been broken before. A positive line broke through in the early morning of today and began to strengthen.
At the same time, the exchange rate also began to cover.
If you just look at ETH itself, you only need to pay attention to the original horizontal pressure price (3120), which may be converted into a support level. If the price is close to the retracement, you can try to layout a bullish view.
After stabilizing here, the next target will be around the previous high point of 3280.
Ethereum's performance in the past two days is weaker than Bitcoin, but the structure is clearer. The horizontal pressure has not been broken before. A positive line broke through in the early morning of today and began to strengthen.
At the same time, the exchange rate also began to cover.
If you just look at ETH itself, you only need to pay attention to the original horizontal pressure price (3120), which may be converted into a support level. If the price is close to the retracement, you can try to layout a bullish view.
After stabilizing here, the next target will be around the previous high point of 3280.
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
2,511.75
-0.24%
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