📊#ETH Downward Channel 📉
🧠From a structural perspective, we are currently consolidating within the 1900-2000 range. Trading within this range is difficult, and a large amount of liquidity has accumulated around the upper and lower edges of this range, so be wary of a liquidity trap!
➡️Key support is around 1900 (beware of liquidity hunting), with better support around 1840 and extreme support around 1740!
➡️Short-term resistance is around 2000 (beware of liquidity hunting), with better resistance around 2028 and extreme resistance around 2140!
⚠️From a model perspective, the price is moving within a downward channel, indicating weak bullish momentum, and the risk of further decline should be noted!
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ETHUSDT.P
🧠From a structural perspective, we are currently consolidating within the 1900-2000 range. Trading within this range is difficult, and a large amount of liquidity has accumulated around the upper and lower edges of this range, so be wary of a liquidity trap!
➡️Key support is around 1900 (beware of liquidity hunting), with better support around 1840 and extreme support around 1740!
➡️Short-term resistance is around 2000 (beware of liquidity hunting), with better resistance around 2028 and extreme resistance around 2140!
⚠️From a model perspective, the price is moving within a downward channel, indicating weak bullish momentum, and the risk of further decline should be noted!
🤜If you like my analysis, please like💖 and share💬
Order storniert
#ETH Update
The support at 1910 and the resistance at 2028 have both provided good feedback. Since the S/R level near 2000 became support, no short-selling signals have appeared. Therefore, those wishing to short should focus on higher resistance levels!
However, its performance is still not as strong as BTC. I haven't seen it test the resistance near 2140 again.
Short-term support remains around 1910, with stronger support around 1810.
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💎Use WolfKing's exclusive invitation code to trade and gain VIP subscription access.
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
