2024.3.27 #ETH Market Analysis

Chart Analysis (H1 Chart)

1) Uptrend.

2) Look at the blue range. I tested range-H yesterday and hit EQH. I will definitely hunt here. Range-H here is stable and continues to rise.

3) At present, there is structural damage at the small level here, so if you pay attention to the next step, you can consider placing a H1 bullish OB order.

4) If the breakthrough is stable in range-H, then the small structural break is invalid. If the breakthrough is stable, go directly to the spot.

Trading recommendations:

1) The short position breaks through and stands on the spot in range-H.

2) Pay attention to H1, which is bullish on OB. Accumulating funds is a buying opportunity.

PS: This article is only my personal opinion and is not intended as investment advice. Please be responsible for your profits and losses. The community morning report is updated twice a day, including market analysis of multiple trading pairs such as#BTC#ETH #SOL. Welcome to join the community to read.