ETH 2-hour trend analysis and 15-minute entry opportunity analysis: June 21
General direction: It has fallen below the rising trend line. Pay attention. The trend has weakened. Additional reminder: All long orders of altcoins cannot be formed. If you hold orders, find an opportunity to exit, otherwise there is a bottomless pit below
From a 2-hour perspective, since it has fallen below the rising trend line, it is mainly high-altitude. Around 2440 is the support and resistance exchange position, and around 2490 resonates with the falling trend line. It is important! Then the method is also very simple. Just open an order with an eye on these two resistance levels. As for position allocation and stop loss, you can set it yourself.
From a 15-minute perspective, it is currently in the oscillation range of 2440-2380, which is also a relatively simple approach. Go short above the range and go long below the range (it is more recommended to go short, not long, it is a general direction problem)
If it falls below 2380, the support below is around 2320 and around 2270. The resistance has been mentioned above and I will not repeat it $ETH
Reminder: Don’t blindly read the news, sometimes it hits and sometimes it doesn’t, everything is reflected on the market