May 4th Ethereum ETH market suggestions
Everyone continue to enjoy the May Day holiday, remember to rest. Yesterday was another day of eating well; if you control your hands every day, there will be several opportunities to profit.
From 1 to 4 AM, still focus on the vicinity of 1830-1828. If the 1-4 hour timeframe holds above 1828 during this period, the trend can be seen as oscillating upwards; pay attention to the stability of 1828 on the 4-hour chart. If it doesn’t break, expect oscillating upwards. If the 4-hour timeframe fails to hold 1828, then pay attention to the possibility of a pullback in the bearish market.
Short-term support level: around 1810-1815 (if stabilizing near 1810, can engage with a stop loss; otherwise, give up).
Rebound support level: around 1770-1775.
From 1 to 4 AM, still focus on the vicinity of 1830-1828. If the 1-4 hour timeframe holds above 1828 during this period, the trend can be seen as oscillating upwards; pay attention to the stability of 1828 on the 4-hour chart. If it doesn’t break, expect oscillating upwards. If the 4-hour timeframe fails to hold 1828, then pay attention to the possibility of a pullback in the bearish market.
Short-term support level: around 1810-1815 (if stabilizing near 1810, can engage with a stop loss; otherwise, give up).
Rebound support level: around 1770-1775.
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ETH
1,842.1
+0.78%