The strategy analysis for noon $ETH is here!
【Price Trend Analysis】
Candlestick Pattern:
Recently, three consecutive daily bullish candlesticks have broken through the 3500 integer level, forming a "Red Three Soldiers" bullish structure. The 4-hour chart shows a long upper and lower shadow "Spinning Top", indicating selling pressure above 3600. On the 1-hour level, a double top prototype is forming at 3626, and it is important to note the support at the neckline position of 3525.
Technical Indicators:
MACD: The daily line golden cross continues to expand, and the 4-hour DIF (142) accelerates after crossing the zero line, but the 1-hour MACD histogram starts to shrink. RSI: The daily RSI (85) has entered the overbought zone, and the 4-hour RSI (81) shows signs of a top divergence. EMA: Prices are standing above the 7/30/120-day moving averages in a bullish arrangement, and the 4-hour EMA7 (3449) has broken through EMA30 (3203) for the first time.
Trading Volume:
The daily volume broke through with a single-day transaction of 243,130 ETH, which is the peak value in the past week. The volume at the 1-hour level corresponding to the 3626 high (59685) has not reached a new high, showing a divergence between volume and price. The trading volume at the key breakthrough level of 3400 has significantly expanded, consistent with effective breakout characteristics.
【Buy and Sell Points】
Buy Point One: 3450 USDT (previous high turned support, EMA30 moving average support area, consistent with integer level principle)
Buy Point Two: 3375 USDT (previous wave low + EMA120 moving average support, key defensive point after sufficient pullback)
Long Stop Loss Point: 3325 USDT (50 points below Buy Point Two; breaking this confirms trend reversal)
Sell Point One: 3650 USDT (integer level pressure + volume-price divergence area, close to the resistance of the previous high at 3626)
Sell Point Two: 3725 USDT (theoretical upward target, potential pressure from the daily Bollinger upper band)
Short Stop Loss Point: 3775 USDT (if it breaks above the previous high and stabilizes above 3725, the trend continues)
The trend in the next four hours will primarily be horizontal adjustment!
*The above is not an investment advice, for reference only.