May 6 ETH Analysis
Currently, the trend is oscillating within a weak range. Although it is above the 4-hour EMA support line, the recent trend has clearly shifted from an upward trend to a downward oscillating trend. Recent patterns have shown a top formation and a belt hold line, increasing the risk of decline in the short term. The daily MACD volume bars have shortened, and the upward momentum has weakened. Today's main trading direction: high short positions
Support levels: 1778, 1751
Resistance levels: 1827, 1873
It is not recommended to go long at high levels today; shorting at resistance levels is preferable (placing short orders near 1825)
LRC D TURBO
