MaintainTenPercentEveryDay
December 6, Nighttime Indicator
Combining 15-minute and 4-hour trend analysis, Ethereum is currently in a weak consolidation pattern. The bearish trend on the 4-hour chart is obvious, while the 15-minute chart shows an oversold rebound demand, but with limited strength.
Best strategy: Stay on the sidelines and wait for the price to break above $3,100 or fall below $3,000 before following the trend. Avoid frequent stop-losses in the current range-bound market.
If you really can't resist the urge to trade, it is recommended to focus on short positions. Set up shorts in the $3,080-$3,100 range, w
Combining 15-minute and 4-hour trend analysis, Ethereum is currently in a weak consolidation pattern. The bearish trend on the 4-hour chart is obvious, while the 15-minute chart shows an oversold rebound demand, but with limited strength.
Best strategy: Stay on the sidelines and wait for the price to break above $3,100 or fall below $3,000 before following the trend. Avoid frequent stop-losses in the current range-bound market.
If you really can't resist the urge to trade, it is recommended to focus on short positions. Set up shorts in the $3,080-$3,100 range, w
ETH-3.49%







