The idea shared yesterday is still valid today.



Ethereum's range has not been effectively broken downward. If 3270 can hold, continue to go long; if it breaks below, go short. This is the range theory, a very useful trading method.

Since February 2, Bitcoin's current structure is in a 4-wave correction. It is highly likely to complete a full upward structure, with the 5th wave of the rise. The top of the 5th wave is most likely under trendline resistance, around 100,000. After a normal 5-wave completion, the correction may be slightly deeper. If the market is strong, there could be another rise, and then it will be a good time to go long. The depth of the correction will determine the next move.
ETH-0,41%
View Original
post-image
post-image
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
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)