2024.3.23 #ETH Market analysis Chart analysis (H1 chart)
1) At present, as long as H1 is not broken, the bullish OB will still have an upward structure.
2) Similarly, it is range-bound. After testing the rejection of the H4 bearish OB here, the current internal trend is oscillating and falling. It has now reached the H1 bullish OB. Pay attention to the buying opportunities here. That is to say, pay attention to 3375, and buy if it breaks through.
3) If the bullish OB falls below H1, then the rising structure is destroyed, the H4 downward trend continues, and the bullish OB test of H4 continues.
Trading recommendations:
1) Pay attention to H1, which is bullish on OB. If it breaks through 3375 and then falls back, it is a buying opportunity. 2) The spot order is around 2950.
PS: This article is only my personal opinion and is not intended as investment advice. Please be responsible for your own profits and losses. The community morning report is updated twice a day, including market analysis of multiple trading pairs such as#BTC#ETH #SOL. Welcome to join the community to read.
