Brothers, good afternoon! $ETH 4-hour K-line strategy
In the recent 4-hour K-line, there was a rise followed by a fall, currently closing with a bullish candle, with bulls and bears in a stalemate. Trading volume is shrinking, with both price and volume declining, and the market is quiet.
MACD green bars are shortening, indicating a weakening of the bears; KDJ value is at 30 neutral, with no obvious trend, caution is needed for volume-price divergence.
💥Trading Points:
Long position: Support near 2420 for long, stop loss at 2380; weekend with low volume, aim for doubling!
Key levels: Support at 2423.0, resistance at 2583.0, for range-bound trading, it's recommended to sell high and buy low, strictly carry stop losses, and pay attention to MACD turning red or KDJ golden cross signals.
