December 26th, ETH 4-hour K-line shows weak consolidation, current price around 2905, range 2890-2960, MACD below zero line with a golden cross, low trading volume, bears are dominant. Key Levels
Trading Strategy 1. Long Positions: Light positions at 2890-2900, stop loss at 2860, target 2930-2940, if volume breaks 2940, look for 2950-2960, no volume then take profit and exit. 2. Short Positions: Light positions at 2940-2960, stop loss at 2980, target 2900-2890, if it breaks below 2890, add to short positions, aiming for 2870-2850.
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Midday Double Candle Trend Analysis and Strategy
December 26th, ETH 4-hour K-line shows weak consolidation, current price around 2905, range 2890-2960, MACD below zero line with a golden cross, low trading volume, bears are dominant.
Key Levels
Support: 2890 (previous low + 4-hour lower band), 2870 (integer threshold)
Resistance: 2940 (4-hour EMA30), 2960 (previous high)
Trading Strategy
1. Long Positions: Light positions at 2890-2900, stop loss at 2860, target 2930-2940, if volume breaks 2940, look for 2950-2960, no volume then take profit and exit.
2. Short Positions: Light positions at 2940-2960, stop loss at 2980, target 2900-2890, if it breaks below 2890, add to short positions, aiming for 2870-2850.