After a rebound during trading hours, Ether is showing performance on the four-hour level. The price gradually weakened after touching the middle band of the Bollinger Bands. From the current structure, the lows are continuously moving down, forming a relatively standard descending channel. If it cannot strongly stabilize above the middle band in the later period, the overall trend will still lean towards short positions.
Ether reference: 3034 short positions, looking down at 2954. Defend 40 points #BTC #ETH
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MakeABillion
· 11-20 14:11
Why did this order make money? Because I didn't follow it. Why did the last order stop loss? Because I followed it. That's just how it is.
After a rebound during trading hours, Ether is showing performance on the four-hour level. The price gradually weakened after touching the middle band of the Bollinger Bands. From the current structure, the lows are continuously moving down, forming a relatively standard descending channel. If it cannot strongly stabilize above the middle band in the later period, the overall trend will still lean towards short positions.
Ether reference: 3034 short positions, looking down at 2954. Defend 40 points #BTC #ETH