Evening Review - ETH
In recent days, Xiao Miao has been reminding that ETH has obvious pattern suppression above 3363, and the probability of a direct upward breakthrough is not high.
After yesterday's post, the price accurately entered the pressure range, and the rebound high was fixed at 3364, which is relatively accurate. At present, the pattern suppression of 3363~3432 still exists, but it has been relatively alleviated.
The 4H-level consolidation structure has also entered the middle and late stages, but there are no obvious big opportunities within the range. Friends who like ETH should pay more attention to the market these days. Given that the price center of gravity of ETH is relatively low compared to the market,
Xiao Miao proposes the following two buying suggestions:
Breakthrough buying: After the 4H-level price breaks through the pressure level of 3432, it will be actively bought when it goes sideways for 2~4 days or the big positive line breaks through and does not break 3418.
Put back buying: When the price retracements the mid-line support range of 3083~3033, actively buy when a 4H-level bottom divergence is formed (this range supports pending orders).
