ETH, as expected, faced resistance at 2190 under the influence of the pattern. Figures 1 and 2 show the timeline and key points indicating a pullback has begun. However, from the 1910 rebound, we haven't seen a top yet, and there's limited upside remaining. I already clarified the top in my post yesterday. Long positions should watch for resistance levels to reduce positions, while also considering entering short positions. This short position will eventually break below the 1910 breakout point, then initiate a five-wave upward drive aiming for around 2600. Ultimately, it will break below the 1800 support zone without looking back. Expect consolidation around the 1500 area. In terms of timing and key levels, this is the best opportunity to position in spot holdings.

ETH-3,09%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin