August 5th ETH Contract Technical Analysis:
Today, the daily chart closed with a small bullish candlestick pattern, with consecutive bullish candlesticks and prices consolidating at high levels. The accompanying indicator formed a death cross. The price did not break through the previous high on the pullback, so the overall downtrend is still favorable. However, it should be noted that yesterday's pullback interrupted the ongoing downward trend, so this is important to note. The hourly chart showed continued gains during the European and American sessions, while prices came under downward pressure during the Asian morning session. The current candlestick pattern is a series of bearish candlesticks, with the accompanying indicator forming a downward death cross. This suggests a continued upward trend within the next few days, but the strength and impact of the European session remain important to monitor.
Today's ETH Short-Term Contract Trading Strategy:
Sell on pullbacks to the 3670 area, with a stop loss at 3700 and a target at 3600.
Today, the daily chart closed with a small bullish candlestick pattern, with consecutive bullish candlesticks and prices consolidating at high levels. The accompanying indicator formed a death cross. The price did not break through the previous high on the pullback, so the overall downtrend is still favorable. However, it should be noted that yesterday's pullback interrupted the ongoing downward trend, so this is important to note. The hourly chart showed continued gains during the European and American sessions, while prices came under downward pressure during the Asian morning session. The current candlestick pattern is a series of bearish candlesticks, with the accompanying indicator forming a downward death cross. This suggests a continued upward trend within the next few days, but the strength and impact of the European session remain important to monitor.
Today's ETH Short-Term Contract Trading Strategy:
Sell on pullbacks to the 3670 area, with a stop loss at 3700 and a target at 3600.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.