#ETH (H4 chart)
1) Figure 1 is the content of the morning report, so be careful, because I have been calling for ETH to buy below 3000. Now I am talking about stop-profit and short-term operations.
2) Let's talk about the current position of ETH.
(Figure 2) The gray area is the bearish OB at the previous 3D position, and also the eq at the 0.5 position of the range.
After hunting, it has been oscillating here, and this position has become a support-resistance conversion area.
So, if it breaks through and stands firm here, it will continue to move upward.
But if it falls below this area, you should pay attention to the retracement. I am not sure about the retracement position now, so I can only say that I will pay attention to around 3150.
There are currently no trading opportunities in this area, especially now that it has reached this internal range-h position.
That is, Figure 3 m15 chart, here the test range-h is also bearish OB, if it refuses to distribute, then pay attention to continued oscillation.
ps: I originally expected to hunt range-l in the morning, and bought it in OB to obtain liquidity. The profit and loss ratio here is very good, but it’s a pity that there is no short-term opportunity.
