Today's ETH trading strategy analysis
The four-hour trend direction is still upward.
Recently, several candlesticks have been oscillating around 3000, and the pullback has not broken the moving average support, indicating a higher probability that the bullish trend may continue!
The current price pressure is at the upper Bollinger Band of 3053. The trend is still quite healthy.
Long at a steady point
Wait for a pullback to support
Enter long in the 2950--2980 range
If a golden cross forms, buy long at 2950 without hesitation.
aggressive point
You can go long in the range of 3000--3010.
To enter the initial position, leave room for additional purchases!
The take-profit target continues to move up, move the take-profit!
You can take profits on part of your position, first lock in the profits, and leave the remaining position to look upward.
Sustainable outlook 3085--3100--3130--3170
Stop-loss suggestion: below 2950. Wait for a stable position before considering a trade.
Shorting at a steady point
Short in the range of 3080--3095
Stop loss at 3105 to prevent pin bars and liquidation prices.
It is currently not suitable to blindly short, as the MACD histogram is shortening and may form a golden cross!
There may be a false breakout; 3080--3090 is where stop losses and liquidations are triggered.
Take profit target: 3020--2980
The levels are for reference only. You can consider how to open a position based on my analysis. The levels are very stable!
Pay attention, so you won't get lost when opening positions in the future. The live broadcast will provide real-time levels!