Hello everyone, I am Eleven.On October 26th, the trend structure of Ethereum (ETH) showed a daily level consecutive positive rise, which is undoubtedly a positive signal in the overall trend
Hello everyone, I am Eleven.
On October 26th, the trend structure of Ethereum (ETH) showed a daily level consecutive positive rise, which is undoubtedly a positive signal in the overall trend. However, while paying attention to the upward trend, we hope that everyone should also be vigilant about potential pullback risks. Compared to Bitcoin BTC, the increase in Ethereum ETH is relatively small, so Eleven believes that it is more important to pay attention to the entry point issue of stepping back.
Latest news from ETH:
From the above figure, it can be seen that Ethereum (ETH) has increased by+3.27% in 24 hours, with a 24-hour trading volume of 3.687 million and a 24-hour trading volume of 49.574 billion.
We have found that today's ETH market is showing a clear upward trend. Although the trend is obvious, the 11th suggestion still needs to pay attention to the risk of price correction due to a return to the moving average.
On the short cycle hourly chart, Ethereum showed an overall fluctuating trend yesterday. We found that the K-line pattern continued to move positive, but the kinetic energy signal had not yet formed. Regarding today's Ethereum ETH short-term strategy, it is recommended to go long when the price drops back to the 1775 area, with a stop loss position set in the 1755 area and a target price range between 1800 and 1805.
If you have any questions, you can ask me directly. As long as you know it on November 11th, you will definitely know everything!
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