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Old Wu's evening analysis on January 4th #ETH走势分析
Figure 1 shows that it broke the new high this morning, and when drawing the chart, it hadn't broken yet. As a result, it has risen even before the release, showing it is in an upward channel, do not short.
Figure 2 shows that it is still in an upward channel, it is advised not to rush to short.
Figure 3 shows that there is already a resistance level (which can also be called a support level), you can consider entering a short position, but currently it is not recommended to short, because as mentioned in Figure 2, it is still in an upward channel.
Operation suggestion: enter long at the current price, stop loss near 3100.
Brothers shorting, wait a bit, don't rush. Only enter when the trend is clear, wait for a clear drop, then short on a rebound, stop loss at new high $ETH
{future}(ETHUSDT)
Figure 1 shows that it broke the new high this morning, and when drawing the chart, it hadn't broken yet. As a result, it has risen even before the release, showing it is in an upward channel, do not short.
Figure 2 shows that it is still in an upward channel, it is advised not to rush to short.
Figure 3 shows that there is already a resistance level (which can also be called a support level), you can consider entering a short position, but currently it is not recommended to short, because as mentioned in Figure 2, it is still in an upward channel.
Operation suggestion: enter long at the current price, stop loss near 3100.
Brothers shorting, wait a bit, don't rush. Only enter when the trend is clear, wait for a clear drop, then short on a rebound, stop loss at new high $ETH
{future}(ETHUSDT)