$ETH Night Before the Sudden Change: The Converging Triangle's Breakout is Imminent, the 'Life and Death Battle' of Bulls and Bears is About to Erupt? The Top Scholar Teaches You How to Break the Stalemate!
Trend Price: The end of the converging triangle, 3784 - 3844 narrow fluctuations, current price 3790.7, near EMA30 support at 3792.97, this is the bull-bear line. If it breaks downward, it will decline; if it stabilizes, it will attack upwards; if the 'explosive' range of 3700 - 3720 is lost, selling will follow.
Moving Averages: Bears dominate, EMA7 is close to EMA30, the distance is 23.86 dollars, a 'death cross' will strengthen the bearish trend.
MACD: Histogram value -3.43 green bars, DIF < DEA bearish cross, both lines below zero, indicating a strong short-term downtrend.
Volume: Downward movement exceeded 850,000, rebound volume shrank to below 600,000, strong selling pressure and weak buying.
Trading Advice: Current price can go short, target around 3720 for a reversal to go long!
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Later, I will publicly layout a strategic order in the luxurious group, when to enter and when to exit? How to catch strong coins? How much to set for profit taking? The Top Scholar will inform fans in the luxurious group as soon as possible, just follow my thoughts and execute what I say, you will surely reap rewards!