Crypto Scholar: 3.14 Ethereum Triple Signal Resonance, Main Uptrend Just Beginning, Northbound Trend Irreversible! Latest Market Analysis and Trading Ideas

Ethereum current price 2135, it is now 1:30 AM Beijing time. On-chain data shows no whale selling due to this pullback. Instead, there is continuous chip accumulation between 2080-2100 range, with chip concentration rising again, providing support for this northbound move. Combined with the linkage effect with BTC, ETH as a mainstream coin has greater elasticity with larger rebound strength than BTC. Plus triple northbound signal resonance, this is a good opportunity for retail traders.

Daily K-line reached a high of 2209 before this report, low at 2069, with the taking-off point at EMA30 line 2078. Yesterday continuously tested this area, and upon entry stood at this position to charge upward. Focus on next resistance at EMA60 line 2286 and golden ratio 0.786 resistance at 2525. MACD continuously expanding volume adding chips, DIF and DEA low-level bullish cross impacting approaching 0 axis line. Bollinger Band upper rail closed at 2148. Current market consolidates within the channel, deviating from mid-line 1997. Current pullback in the order flow is a northbound opportunity.

4-hour K-line stabilized and rebounded from 2110, continuously closing yang candles, successfully standing firm at Bollinger Band mid-line. EMA trend indicator perfectly arranged northbound, long-term trend pointing north. This time the center position at Bollinger Band mid-line 2065 and EMA30 line 2060. As long as the main force holds the two indicator convergence point, the northbound remains effective. MACD short-term accumulating and expanding volume moving upward, DIF and DEA expanding above 0 axis line. Coin friends without entry can focus on opportunities after pullback. Reference below:

Short-term reference: (Live trading data updated, consult author for details)

Below 2100 to 2120 northbound, stop loss 2080, target 2180 to 2200, breakout look 2250

Above, if 2180 to 2200 shows volume expansion and divergence, can consider testing southbound, stop loss 2220, target don't look too far, 2120 is enough

Specific operations subject to real-time order flow data. More information details can consult the author. Articles have publication delays, suggestions for reference only, risk at own responsibility #加密市场上涨 $ETH