#MarketRebound #MarketRebound $ETH Evening Strategy:
Talking with pictures: When can the second pancake break through the triangle at the 4-hour level, so that you can see the positions of the first, second, and third highs indicated by the left-side white arrows? If the triangle cannot be broken, it will continue to move within the triangle in a consolidation phase! Once it consolidates to the end of the triangle, the direction will emerge, as long as it does not break below the triangle, it will move in an upward oscillating route.
🍅
For the second pancake, break through 3953 with volume to chase more on the right side, and break down below 3933 with volume to chase shorts on the right side. Pay attention to the changes in volume and manage stop losses well.
If the second pancake stabilizes above 3953 at the hourly level, look up to 3986-4026. It is only when it breaks and stabilizes above 4026 that the second pancake will truly take off.
If it breaks below 3890 at the 4-hour level, it must retrace to 3831-3768. If it retraces and does not break below 3831, it is still within a controllable range. If it breaks below, it will be uncontrollable.
Continuing to look at the picture: For the second pancake to rise at the daily level, it must first break through this evening star outlined by the white box to initiate an upward trend at the daily level; otherwise, it will be very difficult to have an upward movement at the daily level. The second pancake is currently still moving in a pregnant candle pattern around this bullish candle indicated by the white arrow, with the lowest point of this bullish candle at 3693. If you like to do high sell and low buy, you can do high sell and low buy around the daily level of 4112-3693. Whether you break through or break below, manage your stop loss; how many times you can profit depends on your luck. Meeting adjourned.
$ETH
