3.11, Tuesday, Analysis of Ethereum's Afternoon Strategy!
On the four-hour level, after testing the price up and down, it has consolidated with a narrowing range, running in a contracted channel. After a phase of consolidation, a rebound is observed, with bullish volume showing an increasing arrangement. The moving averages are consistently rising, and the smaller cycles have achieved substantial gains. The signs of warming up are stronger ahead, so our strategy is mainly to go long at lower levels.
On the daily level, the running channel has formed a contracted state, but the price adjustment is weak and lacking strength. Bullish volume continues to release, although accompanied by a phase of real volume consolidation, there are no signs of reduction in volume. The moving averages are winding and driving the small cycle's oscillation, but the space does not allow for a downward adjustment. The pullback is merely to gather strength for further recovery. Our strategy moving forward is to go long at lower levels.
Personal trading advice for Bitcoin: Go long directly around 79500, targeting 81000-82000.
Personal trading advice for Ethereum: Go long directly around 1850, targeting 1950-2000. #美股大跌 #MtGox钱包动态 #ETH巨鲸清算 #加密市场回调 #Strategy申请发行优先股 $BTC $ETH