1D

Since the last posting, Ethereum has failed to break through the long-term moving average and has been pushed down by resistance.
The chart does not show a good appearance. We need to quickly raise it above the long-term moving average to expect a strong rise.

If we keep dragging our feet here, the medium-term moving averages will start to come down like the short-term moving averages that are already down, and the arrangement of the moving averages will be rearranged into a reverse order, which would bring us closer to the end of the season.
Therefore, the candles must settle above the long-term moving average as soon as possible.

Currently, it seems to be narrowing the distance between moving averages for a significant trend divergence, and it is an uncertain period whether the trend will break upward or downward. It is natural not to think that it will suddenly rise immediately.

4H

In order to see some upward movement, the candle must at least rise above the support zone of 3,693 right above it, and even if it does, there is a strong major resistance at the 4,069 level above that.

Never let your guard down until you reach 4k, and always be skeptical and doubtful. Now is the time to carefully gather profits, feeling like a stealthy exit.

This is a personal perspective, not a trading recommendation.
The responsibility for all investments lies with the individual.
Please just refer to: )

#이더리움 #Ethereum #차트시황 #Losscutchild

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