December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
🧝♂️ Technical Analysis: Elrond ( $EGLD )
Market Capitalization: $230M.
The EGLD chart is in a very weak uptrend that looks more like a channel.
🟡 The price is currently declining, and a good opportunity to open a buy trade at the lower boundary of the trend may appear.
How to trade❔
💬 Wait for a reversal candlestick pattern near the support line – don't rush to enter too early!
💬 Place stop-loss behind this pattern – strictly and disciplined.
💬 Set profit target before the opposite channel boundary – this trade is very short-term with small targets.
💬 If price breaks the lower channel line – react to the breakout, but the profit/risk ratio remains the key to the decision.
Conclusion:
Classic channel trading – if the pattern plays out, you can catch a technical bounce. But remember: short-term trades require strict discipline!
📈 Open trade with $EGLD 🔗 Chat • X • HRUMFAMILY