11/3/Tianxia Community: ETH intraday operation suggestions...

ETH/day chart: Yesterday’s market trend rose first and then fell. The daily level closed with a set of dark cloud cover bearish combination patterns. The highest price touched 1876 and closed at 1800; the fallback market was in line with expectations; in the later period, we can focus on the two important 1730-1770 Horizontal support; as long as the 1730 support can be maintained above, we can maintain the search for and intervene in low-long opportunities; a strong fall below this support may lead to the end of the long range and turn into a large-range shock;

ETH/4 hours: In 4 hours, there have been three obvious surges since October 24. 1875-1880 was blocked and fell back to continuously test 1770, which also has a supporting role; it is a more classic box shock trend; it is feasible to sell high and buy low within the range. ; If it can remain above the first support of 1770 during the noon and European session in 4 hours, you can intervene with short positions and long orders; the target is the 1840-1860 range; defend below 1760; partners with short ideas need to wait for 1850-1870 to be tested again Only the subsequent resistance performance can determine whether short sellers can intervene.

Recommended ideas [Daily long, 4-hour shock]

Support 1730-1700/Resistance 1810-1850