From the weekly chart perspective, Ethereum has formed a typical "bullish pennant" pattern, which belongs to a trend continuation structure, usually indicating that the uptrend is likely to continue. In addition, Ethereum has recently retested the support area after the breakthrough of the "falling wedge" and the neckline of the "cup and handle pattern". These two types of structures point to the same technical signal: the price may be in a stage of slowly building a base and gradually turning bullish, with the prospect of a slow upward trend in the future.
Operation suggestion: Long in the range of 4170 to 4130, targeting 4300#姨太
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9.24ETH morning strategy
From the weekly chart perspective, Ethereum has formed a typical "bullish pennant" pattern, which belongs to a trend continuation structure, usually indicating that the uptrend is likely to continue. In addition, Ethereum has recently retested the support area after the breakthrough of the "falling wedge" and the neckline of the "cup and handle pattern". These two types of structures point to the same technical signal: the price may be in a stage of slowly building a base and gradually turning bullish, with the prospect of a slow upward trend in the future.
Operation suggestion: Long in the range of 4170 to 4130, targeting 4300#姨太