The last time the ETH monthly level reached 1907, I said live that as long as the monthly line broke through last month's high of 1950, it would take off to form a bottom fractal reversal at the bottom of the monthly line, and then we made a big profit, today Ethereum 4 hours out of the triangle shock, the weekly chart looks at the upper 2800 points is an important dividing line, that is to say, this afternoon or evening ETH as long as it breaks through 2800 points may be another wave of acceleration, just the recent shock range is the rise of the relay, before 1400 rose to 2400 and then adjusted, Now it will be adjusted from 2400 to 3400 to the top of the monthly triangle. In the second half of the year, this wave of market just happened to Bitcoin to adjust the Ethereum relay, and so on Ethereum adjustment back to the Bitcoin relay, this week Bitcoin is best to close a weekly negative line to let 7 consecutive yang adjust for a week, so that Ethereum closed two weekly positive lines to drive the market upward. So these two weeks continue to be bullish on Ethereum.

ETH2.85%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)