March 16 Market Analysis by Old Bro



The weekend consolidation trading has ended. Yesterday afternoon didn't produce any trend-changing action, still just range-bound consolidation……

After sideways movement in the evening, ETH rallied this morning, challenging the key 2200 level again before pulling back. The market is still stuck in the consolidation zone. After today's daytime pullback, we're still looking for an upside breakout. Once it breaks through and holds above 2200, the market could develop into a relatively wide-range directional move…

Everyone, please download three chat software apps, then ➕ the assistant account. Since this software requires circumvention, it's quite troublesome. We'll be moving our service operations over there next…

Today's Trading Recommendations: Buy the dips as the primary strategy
ETH First support: 2145 | Second support: 2114
First resistance: 2209 | Second resistance: 2264
Disclaimer: This personal analysis is for reference only and does not constitute trading advice. Trading carries risk. Always use stop-loss orders when opening positions.
ETH-0,61%
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