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(March 19 Midday) ETH Quick Overview | Daily Pressure, Short-term Bottom Hold, Range-bound Trading High Sell Low Buy
Daily large bearish candle + evening star, bulls under pressure; first pullback after breakout, 2165 resistance turns support.
• Moving Averages: Resistance 2232, Support 2159/2078/2036; 4H Support 2134/2065, Resistance 2242/2270
• Indicators: 4H MACD death cross bottom hold, 1H golden cross can go long short-term; 4H Bollinger Band support
• Strategy: Short-term range trade long position around 2165, stop loss 2060; short-term range-bound, high sell low buy range trading, wait patiently for range to end then follow trend
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$ETH