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Ethereum today price
In the past few days, the trend has mainly been bearish. I will post updates again when I see signs of a reversal and a push to new highs.
3780-3800 is a relatively good range for shorting, and 3710-3700 is an intermediate level with pressure. If you have poor basic knowledge of candlestick patterns, do not touch this position for shorting.
Because of the large fluctuations now, the position can only be locked in a range.
Support is at 3620-3600 below, how to enter long positions here is still the details discussed in the previous live session. Wait for the hourly chart confirmation before entering, just blindly enter when three lines come down.
If you don't understand a long position, don't force it. It's okay to be cautious and miss out.
The big coin got hit a couple of days ago, and I was deceived with two long positions. I’m currently in a cold war with it and don't want to trade for now. I’ll see how to approach it again around the range of 120700. Below 5800 is an important level, which was touched today (it didn’t hit at the door here), and I won’t take any trades if it comes back today.
Nothing else, wishing fans a windfall of wealth 🎉🎉
ps. I have hedged the long positions above 3700 on Ethereum and the short positions below 3500. You can check today's live stream replay; I covered most of it. Don't rush to average down; you can leave your entry points and liquidation price in the comments for me to take a look.