8.19 Tuesday Ether strategy
The four-hour level bearish structure is clear, and short-term consecutive bullish rebounds are unlikely to shake the descending channel; the Bollinger Bands are continuously opening and descending, with the middle band pressure remaining unchanged!
Recently, the K-line frequently shows long upper shadows, with buying momentum weakening with each bar, and the price has turned back before reaching the middle track. The overall trend remains bearish, and the intraday strategy still focuses on shorting at highs!
Silk Road Strategy: $ETH
Ether: 4350-4370 short, targe
The four-hour level bearish structure is clear, and short-term consecutive bullish rebounds are unlikely to shake the descending channel; the Bollinger Bands are continuously opening and descending, with the middle band pressure remaining unchanged!
Recently, the K-line frequently shows long upper shadows, with buying momentum weakening with each bar, and the price has turned back before reaching the middle track. The overall trend remains bearish, and the intraday strategy still focuses on shorting at highs!
Silk Road Strategy: $ETH
Ether: 4350-4370 short, targe
ETH-1.57%