$ETH Crypto Scholar: ETH convergence triangle reversal imminent on 3.26, one candle defines destiny! Latest market analysis and trading ideas



Ethereum currently at 2165, ETH is stuck between 2165 going neither up nor down, don't be deceived! This is not a bottom formation, it's consolidation after a decline—the major cycle downtrend fundamentally hasn't changed. The MA60 moving average is pressing overhead, unable to break north, building strength for a move south. The next candle will define the direction. Blindly buying the dip or chasing highs are both risky; following the trend is the winning strategy.

Daily chart bearish structure remains intact, major cycle trend still biased downward. The K-line declined from the 2385 high, rebounded to the Fibonacci 0.786 resistance at 2425 where it faced resistance and fell back. Currently grinding bottom near 2165, failing to break the prior descending trendline—this represents technical correction after oversold conditions. MACD red histogram shows some expansion, but DIF still hovers near the zero line with severely insufficient upside momentum while downside remains dominant. Additionally, the K-line faces pressure near the MA60 line around 2144, with the bearish moving average alignment not completely broken.

Four-hour reversal window opening: K-line has declined from the 2385 high with lower lows gradually rising and lower highs gradually falling, forming a converging triangle consolidation pattern with continuously narrowing volatility. MACD red histogram continues to shrink with DIF and DEA showing dead cross signals, upside momentum is weakening. Key triangle upper resistance at 2200, lower support at 2100—once either level breaks, prepare for both scenarios. Safety first.

Short-term reference: (Real-time trading data updated, consult author for details)

Lower range 2120 to 2100 moving north, stop loss 2050, target 2160 to 2180

Upper range 2180 to 2200 moving south, stop loss 2245, target 2120 to 2100; if 2100 breaks further south to 2080 to 2050

Follow real-time order flow data for specific operations. More information available from author. Articles have publishing delays. For reference only, risk disclaimer applies.#加密市场回涨
ETH0,97%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin