Emergency notice: Don't short! Don't short!
A bullish trend has been formed, and I advise everyone not to go against the trend!
Analysis of Ethereum intraday market on September 12
According to the 1/4 hour structure, 2270 has formed an obvious effective support. At this position, the main force of the long army has obviously flowed in, and the air force is obviously insufficient
You can go long when the callback is between 2280-2300
But remember not to short, the bullish trend has been formed
The first support level has been marked in the figure below
Stop loss 2250 As for how much to take profit, it depends on how much you want to earn!
Technical indicators are clearly bullish
The only thing to note about the news is that the upcoming Fed rate cut may have a certain impact on the market
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