🎈12.4 Two Pancake Afternoon Market Analysis🎈
$ETH Trading Strategy:
1. Breakout above 3224 with volume, can chase long on the right side and tighten stop loss in real-time;
2. Break below 3204 with volume, can chase short on the right side to profit from a pullback, strictly set stop loss;
3. Confirm support is valid with a pullback to 3149, can take a small long position, and immediately stop loss if it breaks below 3098;
4. Hourly chart stabilizing above 3250, looking up at targets 3277-3315;
5. Can take a small short position at 3315, stop loss and exit if it breaks above 3355;
6. Left side ambush order: 3029 place long, stop loss if it breaks below 2973.
Key Levels Reference:
• Resistance Levels: 3250-3277-3315
• Support Levels: 3147-3100-3051
4-hour Level Core Pattern:
The current potential Seven Star Continuous Uptrend pattern has not been confirmed (need to wait for the 4-hour candlestick close). If a 7 consecutive uptrend forms after the close, can directly chase long on the right side; historical data shows an 80% chance that the 8th candlestick will be a large upward candlestick, targeting the next resistance level (corresponding to the 12 PM closing position); if it closes down, the Seven Star Continuous Uptrend pattern fails, abandon chasing long. Focus on this pattern only, other levels will not be elaborated on, work is done.
