Ethereum has strongly rebounded from the low point of 2620, now breaking through the 3000 level and the long-term downtrend line. The daily chart MACD has formed a golden cross pattern with higher trade volumes, and the moving averages are in a long positions arrangement, with 2800 now serving as strong support. The trend has turned bullish, and the market is expected to challenge the 3200-3500 range.
Operation suggestions: Long positions in the range of 2980-3020, risk control at 2940, target at 3100-3180-3260-3340. At each target, you can take profits freely. $BTC
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.
Ethereum has strongly rebounded from the low point of 2620, now breaking through the 3000 level and the long-term downtrend line. The daily chart MACD has formed a golden cross pattern with higher trade volumes, and the moving averages are in a long positions arrangement, with 2800 now serving as strong support. The trend has turned bullish, and the market is expected to challenge the 3200-3500 range.
Operation suggestions:
Long positions in the range of 2980-3020, risk control at 2940, target at 3100-3180-3260-3340. At each target, you can take profits freely. $BTC