#ETH April 20 Monday Night Trading Strategy for ErBing (2#)

After ErBing breaks below 2300, it rebounds and regains the 2300 level, but it fails to successfully recover it, and the trend does not rebound.
The bullish flag pattern is likely to be broken; once it breaks, the 2250 support will also be lost, and price may then test the previous low of 2181.
If 2250 can hold and form a double bottom, there is still a chance for a reversal; if it directly breaks lower, then focus shifts to 2281.
To stop the selloff and rebound, it must break through the flag’s resistance and hold firm at 2379; otherwise, the only direction is continued decline.

Trading suggestions:
A volume-backed breakout above 2360—go long on the right side. If it breaks and then reclaims back with volume below 2333, go short on the right side, and strictly use a stop loss.
A pullback to 2269 support that holds is valid for a long; if it breaks below 2235, stop loss.
If it touches 2413, consider shorting; if it breaks above 2442, set a stop loss.

On the hourly level, hold above 2360; resistance is 2397-2435.
On the 4-hour level, if it breaks below 2334, look for 2275-2228.