ETH 4-hour Line【Price Trend Analysis】


Candlestick pattern:
The price has been fluctuating in the range of 3370 to 3500 recently, showing a volatile trend.
Multiple long upper and lower shadows indicate strong selling pressure and support in the market.
Technical indicators:
MACD: Currently, both DIF and DEA are negative values, and the MACD histogram shows the dominance of bearish momentum, but with signs of weakening.
RSI: The RSI14 value is 45.20, which is in the neutral zone and has not entered the overbought or oversold zone.
EMA: The short-term EMA7 (3378.20) has formed a death cross with the medium-term EMA30 (3420.57) and the long-term EMA120 (3566.94), indicating a bearish short-term trend.
Trading Volume:
Recently, the trading volume has increased, especially on December 26th, where there was a significant increase in volume, followed by a drop.
The shrinkage adjustment after the increase in volume indicates that the market sentiment is cautious.
【Buy/Sell Points】
Buy point 1: 3300 USDT (near the previous low, integer support level)
Buy point 2: 3250 USDT (further down to a stronger support area, and close to the lowest price of December 23rd at 3214.81)
Long stop loss point: 3200 USDT (breaking the previous low and losing the whole number level)
Sell point 1: 3450 USDT (near the previous high, a significant resistance level)
Sell Point 2: 3500 USDT (further upward to a stronger resistance area, and close to the highest price of December 25th, 3547.01)
Short-selling stop-loss point: 3550 USDT (breaking through the previous high and stabilizing above the round number)
4-hour price trend of ETH: Sideways
Based on data model analysis, it does not constitute investment advice, for reference only.
ETH2.41%
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LaCrossevip
· 2024-12-29 01:04
Dynamic daily attendance, no less than fifty characters no less than fifty characters no less than fifty characters no less than fifty characters no less than fifty characters no less than fifty characters no less than fifty characters no less than fifty characters no less than fifty characters no less than fifty characters
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