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#ETH# #ETH# Today afternoon, as ETH fell along with the hourly chart, the short-term decline was 1%, bottomed at 3600 points, the 22-hour shadow line crossed down by 0.6%, the short order at 3600 position was placed in the afternoon, take profit at 25 points, entered a long order at 3615 in the evening.
Evening market 21 o'clock MACD underwater green column shortens from green to red, has not formed a golden cross, PTV flattens and opens upward, KDJ has a golden cross signal at 21:30, opening up and diverging, short-term trend on the hourly level is bullish. EMA(60) is at 3624, the current price is above it, pay attention to the level near 3630, which is the short-term support level for today.
The 4-hour morning session fell for 3 candles, and it has regained the opening position of the previous 4-hour candle in the evening. The MACD is about to cross and stick together, with an increase in trading volume. The main trend is oscillating and bullish. At the daily level, the current price is in the middle of the previous daily candle, focusing on the 3650 level. The daily trend is healthy for the bulls, with decreasing trading volume. The upper resistance levels are 3680 and 3720 (0.618 level).
Trading strategy: The short-term long position focuses on the 3680 and 3720 levels, while the short-term short position focuses on the strong support at 3600. The range oscillates between long and short, narrowing profit expectations, managing risks, and specific guidance can be found by following the homepage.