Reference for Ethereum's early morning strategy analysis on August 25
How to view the early morning (intraday) market:
In the early morning, pay attention to the two positions of 2750 and 2705. If they fall back and do not break, they are still bullish. If 2733 falls back and does not break, it is still expected to fluctuate upward. First look at the key positions. (The one-hour level long-side moving stop-profit position is 2777-2795-2820), you can pay attention to the vicinity of 2820. If it is not stable, you can go short with loss.
Note the upper pressure position: near 2797, 2822, 2845 (value reference +-5) If the pressure level is not stable, you can go short with loss reference.
If the 4-hour retracement falls below 2705, you need to pay attention to the end of this round of rebound market, and the market is likely to turn to short risk, and it is likely to continue to fall. (The one-hour level short side moving stop-profit position is 2733-2720-2695) I forgot to change the early morning update... re-edited version.
Pay attention to the support level below: 2720, 2700, 2675, 2640. The support level can be effective, with loss. (Numerical reference +-5)
Key pressure level attention 2840-2845
Tomorrow morning, the daily line will close at 8 o'clock without breaking 2673 and will still be on the long side.
Daily pressure level reference:
2840, 2915, 3010, 3175
Daily support level reference:
2505, 2340, 2175
Do a good job of moving profit and stop loss normally, and develop good habits. The recent market should be fast and unstable, so be careful.
At the end of August, pay attention to the unilateral market! ! !
