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Hong Kong, April 18th, 12:28 PM, ETH Market Analysis
Major cycle main rally, medium cycle strong, small cycle severely overbought, bull market often experiences sharp declines, patience and waiting for a pullback is the only correct strategy.
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Reference Short: 2483——— 2503 (Counter-trend, light position trading)
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Reference Long: 2350——— 2320 (Follow trend, prioritize trading)
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ETH Resistance Levels
First resistance: around 2468 (Breakthrough probability 52%)
Second resistance: around 2483 (Breakthrough probability 45%)
Third resistance: around 2503 (Breakthrough probability 35%)
Fourth resistance: around 2566 (Breakthrough probability 28%)
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ETH Support Levels
First support: around 2383 (Break below probability 28%)
Second support: around 2350 (Break below probability 22%)
Third support: around 2320 (Break below probability 15%)
Fourth support: around 2211 (Break below probability 8%)
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