#ETH .21 Tuesday night Two-bing trading outlook



Two-bing once again retraced and is running below 2334. At this stage, the focus is on triangle-range sideways consolidation—try to keep trading within the structure. Once the triangle’s lower boundary is effectively broken downward, yesterday’s tested low is very likely to fail to hold, and the market will further test the 2235 support. To stop the decline and stabilize, it must regain above 2310, which then offers a chance to push toward 2379.

Trading suggestions:
• Break above 2317 with volume, go long on the right side, and set a strict stop-loss
• Break below 2280 with volume, go short on the right side, and bring your stop-loss
• Pull back to 2229 to confirm support is effective, then you can go long; if it breaks below 2182, stop-loss
On the hourly timeframe, if it holds above 2317, resistance is at 2346–2376;
If it reaches 2376, you can go short at a high point; if it breaks above 2417, stop-loss.
Left-side needle pin order: go long near 2176; if it breaks below 2132, stop-loss.
If on the 4-hour timeframe it breaks below 2281, the downside targets are 2220–2159.
ETH3,88%
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