Ethereum macro perspective, preparing for the future, layout for tomorrow!


It can be seen that the Vegas channel at the daily level still has a strong support role. The market has repeatedly hit the upper band and then experienced effective rebounds. However, the price of Ether is currently hovering around 3880, which is quite an awkward position from a larger perspective; it's neither suitable for a long position nor a short position. There is also a distance of about more than 100 points to the upper band of the Vegas track, so it is not recommended to make any moves now.
Tomorrow is Monday again, and we can layout according to some information provided by Amu above.
1. Support near 3720 for DODAN, enter around 3650 for averaging down, target is 3850. If it breaks 3900 again after the US market opens tomorrow night, then continue to hold DODAN and look towards the integer resistance level of 4000.
2. Short position, observe tomorrow's daytime and look for volume situations above the small structure. If there is a strong rebound and pullback after an upward volume surge, remember to enter a short position during the second round of the small structure market. Personal price prediction around 3912. This is where to enter the short position for speculation!
Amu personally has a more optimistic view on the layout of shorting Dan. Although, as a heartless trader, one shouldn't have much emotional difference between long and short positions, Amu still hopes that you can operate more safely, so I'm revealing my most genuine thoughts. #参与创作者认证计划月领$10,000 #Gate跨所交易平台CrossEx上线 #美联储如期降息25基点
BTC0,05%
ETH0,62%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)