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$ETH Intraday short-term operation analysis guide
Hello everyone, I am Jinzhi
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1-hour trend analysis (P1)
Currently, Ethereum has a triangular wedge structure. If it can break through, it will definitely touch around 2300. However, compared to Bitcoin, it is still weaker. If this hourly K-line candle can hold steady, there should be a decent rebound next week. At the moment, the concern is that if the 'Whale' manipulates the market, there may be a flash crash to 2150.
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The key resistance of the small cycle is 2310, and after breaking through, it will continue to rise near 2310, and the key resistance above is at 2500, and there is an increase of about 15%.
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Intraday short-term trading strategy
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Break through the triangle and converge, wait for the support to step back, and then intervene in the position
After breaking through the 2250 support, a 4% stop loss needs to be carried, with a target of 2400-2500.
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Intraday K-line operation strategy
Short-term resistance 2310 small Cang intervenes in the Kang single
Loss 2340
Target 2560
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If you have any questions, please feel free to contact me
Wish everyone a smooth trading and thank you for your support
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