Ethereum now gives us an opportunity, we must seize it.
From the perspective of Chan Theory, although ETH's 30-minute structure is not divergence, the key point is that the four-hour bottom pattern has already formed. Coupled with the engulfing pattern, this is very likely to trigger a four-hour level rebound. According to the rhythm, the target range should be around 3030 to 3080.
The real entry point still needs to wait. Once Ethereum drops below 2954 again, a bottom divergence on the 5-minute level may form, and that will be the good time for us to get in.
How exactly to operate? Go long, don't hesitate. The entry zone is between 2945 and 2950, with targets set at 3030 and 3080, and stop-loss at 2890. When the market moves, just do it.
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FadCatcher
· 10h ago
This is how to properly use the Chan Theory: entering at 2945 and it's all over, with a target of 3030, definitely.
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DAOdreamer
· 10h ago
2954 has to be broken before I dare to go in. For now, let's wait and see. Don't get caught in a washout.
Ethereum now gives us an opportunity, we must seize it.
From the perspective of Chan Theory, although ETH's 30-minute structure is not divergence, the key point is that the four-hour bottom pattern has already formed. Coupled with the engulfing pattern, this is very likely to trigger a four-hour level rebound. According to the rhythm, the target range should be around 3030 to 3080.
The real entry point still needs to wait. Once Ethereum drops below 2954 again, a bottom divergence on the 5-minute level may form, and that will be the good time for us to get in.
How exactly to operate? Go long, don't hesitate. The entry zone is between 2945 and 2950, with targets set at 3030 and 3080, and stop-loss at 2890. When the market moves, just do it.