#ETH走势分析

To put it simply, the current trading strategy for the second contract has been to buy around 4370, and the target is now 4640.

Looking at the chart, the segment from 4300 to 4640 has already completed a 5-minute segment, equivalent to a 30-minute trend. Let's slightly expand our view to understand how the 30-minute level is currently moving:

The blue line in the chart represents the 30-minute trend, which has completed a central structure at the 30-minute level and has broken out. The approach is simple; it is similar to the previously shared method of identifying buying points at a lower level. Currently, the 30-minute segment has not yet ended and has just started to break out above the central upper line. Therefore, as long as it does not break below the central lower line, we continue to be bullish. The upper line is at 4633, and the lower line is at 4554. Here, we have added back half of our position. The next target to watch is around 4730, and if it stabilizes, we will look above 4900 and near new highs. If it breaks below the 30-minute central lower line, we can abandon long positions. Below, we should pay attention to 4400 and 4330 to look for opportunities to enter based on naked candlestick patterns.

Follow me to understand trend structures using the Chan theory! $ETH