September 22, 2024 Observation🚨📈【24-hour ETH Navigation Report】📈🚨
🔥Legend of candlestick chart:
ETH price has been like a roller coaster recently, taking off from the low of 2294.61 on September 16, and soaring to the latest price of 2599.55. What is particularly noteworthy is that there were three consecutive positive lines from September 20 to 22, as if the bull market warriors were charging and unstoppable.
📊Technical detective:
Although the MACD duo DIF and DEA are in the negative zone, the MACD column is getting shorter and shorter, suggesting that the decline is slowing down, and the dawn of the golden cross may be ahead.
RSI brother 14 is currently 58.34, in the neutral and bullish camp, and has not yet entered the overbought danger, and still has the potential to sprint upward.
Among the moving averages, EMA7 (2504.45) counterattacked EMA30 (2486.86) and pointed to EMA120 (2838.38), indicating that bulls will dominate the screen in the short term.
💥 Market Pulse:
On September 20, the trading volume surged to 3062258, setting a recent high. Although it cooled down afterwards, it still remained at a high level, proving that the market was staging a lively drama.
In the next two days, September 21 and 22, the trading volume was recorded at 1505216 and 451048 respectively. Although there was a decline, it still held its ground and helped prices to rise steadily.
🎯🎯🎯Conclusion: ETH 24-hour trend: bullish
💡【Trading strategy】
Bottom-picking opportunity 1: 2500 USDT (next to EMA7, solid integer barrier)
Bottom-picking opportunity 2: 2450 USDT (near the peak of the previous wave, strong buying power)
Stop loss sentinel: 2400 USDT (lower than the previous wave trough 2373.93, avoiding the risk of a deep drop)
Harvest moment 1: 2700 USDT (integer pressure level, approaching the recent peak of 2633.3)
Harvest moment 2: 2750 USDT (higher integer barrier, expected selling wave)
Stop loss safe haven: 2800 USDT (surpassing harvest 2, guarding against the risk of breaking through the surge)
Such a converted discourse also conveys the core point of view, while incorporating the unique fun and easy-to-understand language style of the currency circle, effectively avoiding the problem of too high similarity with the original text.
