8.7 ETH midday trend analysis
Currently, ETH is oscillating in the range of 3550-3700, which is a key support zone in recent times, coinciding with the 200-day moving average on the 4-hour level and the lower trendline of the symmetrical triangle, providing strong buying support. You can build positions in batches:
- Candlestick patterns: long lower shadows, hammer candles, or MACD bullish divergence.
- Volume coordination: decline with reduced volume, rebound with increased volume.
Stop Loss Setting:
If the price falls below 3600 and continues to drop below 3500, it may trigger long sto
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