Focus primarily on short positions for ETH, with long positions as a secondary option. The daily chart shows a black three soldiers pattern retreating near the support level. Today, pay attention to the support in the four-hour chart, which shows signs of a rebound. Based on the weekly and daily patterns, there is still potential for further declines.
Support: 4430 to 4470, Resistance: 4600 to 4630
BTC: 113100 to 113500, Resistance: 116400 to 115900
The entry signal is the standard; do not place an order until the stop loss is reached.
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Technical analysis #ETH
Focus primarily on short positions for ETH, with long positions as a secondary option. The daily chart shows a black three soldiers pattern retreating near the support level. Today, pay attention to the support in the four-hour chart, which shows signs of a rebound. Based on the weekly and daily patterns, there is still potential for further declines.
Support: 4430 to 4470, Resistance: 4600 to 4630
BTC: 113100 to 113500, Resistance: 116400 to 115900
The entry signal is the standard; do not place an order until the stop loss is reached.