August 7th Morning ETH Analysis:


On the hourly level, we see resistance at the 3720 line above, leading to a pullback. However, the bullish structure remains intact. After digesting the selling pressure, we continue to look for breakthroughs.
In the short term, it has broken below the middle track and is likely to retrace to the lower track, which may reverse the bullish trend.

Aunt's suggestion: Long at 3656-3640, target 3705-3720

Personal suggestion, for reference only!
ETH2.54%
View Original
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
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)