$ETH 8.22 Friday Morning Analysis by Aunt
On the hourly chart, MA144 and MA169 maintain a head-and-shoulders formation, creating a stubborn resistance zone. After the rebound reached 4331, it quickly fell back under pressure. Essentially, this is a technical correction of profit-taking from the head-and-shoulders formation, not a trend reversal signal.
Personal suggestion, for reference only (strictly set defense)
Aunt's target range of 4310-4340, goal 4200, 4130
On the hourly chart, MA144 and MA169 maintain a head-and-shoulders formation, creating a stubborn resistance zone. After the rebound reached 4331, it quickly fell back under pressure. Essentially, this is a technical correction of profit-taking from the head-and-shoulders formation, not a trend reversal signal.
Personal suggestion, for reference only (strictly set defense)
Aunt's target range of 4310-4340, goal 4200, 4130
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ETH
4,536.93
-1.43%
