Ethereum touched 3403-2775 this morning and rebounded after approaching the lower edge of the daily central zone. The 4-hour chart shows a downtrend starting from 3403, and it is still unclear whether 2786 marks the end; further confirmation of the right-side low point is needed. Recently, the 30-minute chart has upgraded the original 30-minute central zone to a 4-hour central zone around 2918-3002. The decline to around 2787 this morning formed a consolidation divergence, triggering a rebound. Intraday resistance is expected in the 2900-2930 area, and support in the 2800-2780 area.



Trading ideas:
1: Short near 2920-2950 on rallies, with a stop loss at 2970 and take profit at 2850-2830.
2: Long near 2800-2780 on dips, with a stop loss at 2750 and take profit at 2880-2900.

Follow Master Qiao for the most professional market analysis.

(The above suggestions are time-sensitive and for reference and discussion only.)
ETH-1,09%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
TianshanOlivevip
· 5h ago
Hold on tight, we're about to take off 🛫
View OriginalReply0
GateUser-e56dabd4vip
· 8h ago
Ethereum touched 3403-2775 this morning and rebounded after approaching the lower edge of the daily central zone; on the 4-hour chart, it is in a downtrend starting from 3403, and it is still unclear whether 2786 marks the end of the decline, requiring confirmation of a lower right-side point; the recent 30-minute trend has upgraded the original 30-minute central zone to a 4-hour central zone around 2918-3002, and the decline to around 2787 this morning formed a consolidation divergence that triggered a rebound. Intraday resistance is at the 2900-2930 area, and support is at the 2800-2780 area. Trading ideas: 1: Short near 2920-2950 on rallies, stop loss at 2970, take profit at 2850-2830. 2: Long near 2800-2780 on dips, stop loss at 2750, take profit at 2880-2900. Follow Master Qiao for the most professional market analysis. (The above suggestions are time-sensitive and for reference and discussion only.)
View OriginalReply0
SisterShuiGuangvip
· 9h ago
2026 Go Go Go 👊
View OriginalReply0
BossQiao888vip
· 9h ago
Hop on board!🚗
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)