Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

On November 28, Ethereum has entered a short-term rising channel at the 4-hour level. Previously, the long lower shadow hammer candlestick was confirmed by three consecutive bullish lines. After the price broke through the neckline at $3050, it was pressured and pulled back around $3070, entering a range-bound rhythm. At this level, the MACD showed a top divergence, and although the higher trade volumes decreased consecutively, the candlestick still diverged upward. The Bollinger Band indicated that $2956 became a key support for the channel. Meanwhile, the MACD at the 2-hour level showed enhanced bearish strength, and at the hourly level, there is still a decline in volume and a divergence structure. In the short term, it fluctuates repeatedly in the range of $2980 - $3085. Overall, although the bulls have the potential to break out further, the selling pressure above is evident, and caution is needed for the risk of false breakouts. A breakthrough or breakdown of the current range will become a key turning signal for the subsequent trend. #成长值抽奖赢iPhone17和周边 $ETH

ETH-10.35%
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)