3.18 Crypto Coin Master: Ethereum (ETH) ) Market Analysis Reference



Let's see what changes have occurred in the Ethereum chart - has the pullback risk we were worried about been resolved? Today I'll tell you with several key signals that the bulls have now taken the initiative. Looking at the 4-hour level.

March 17th at 8 PM, this candle is very crucial, with a long lower wick - a hammer line. This is a typical "bottom-seeking" signal, price drops down and is immediately pulled back by the bulls. Subsequently, several consecutive bullish candles formed, confirming that the short-term bottom is valid.

Switching to the daily level, this pattern is even more interesting: the large bullish candle on March 16th completely covered the bearish candle body of the previous day. In candlestick combinations, this is called "bullish engulfing" or "bullish absorption," which is a relatively clear reversal signal. The bears just exhausted their power, and the next day they were completely reverse-engulfed by the bulls. The buying power is very strong.

Looking at indicators: on the 4-hour level, MACD fast line (DIF) and slow line (DEA) just formed a golden cross above the zero line. Specific values, 63.68 crossed above 61.11, short-term bullish signal. Simultaneously, the daily MACD red histogram continues to lengthen, with values reaching 99.45, medium-term upward momentum continues to strengthen.

Looking at the moving average system: price now stands firmly above all EMA lines. Moreover, it presents a very standard bullish arrangement: short-term 7-line at 2316, medium-term 30-line at 2215, long-term 120-line at 2096 — 7>30>120, progressively higher, this is a typical uptrend channel structure.

Recent 4-hour volume is 289,973 ETH, down 43% from the previous cycle. Volume has contracted noticeably. This indicates the current rally is temporarily driven by existing capital, with limited new capital entering. Therefore, in the short term, be cautious about contraction pullback risk - it may not push straight up.

Overall, the current chart signals are biased bullish - bottom confirmed, indicator golden cross, moving average bullish arrangement, trend is upward. The only concern is that volume hasn't kept up.

Operationally, don't chase highs, wait for support retest before considering entry. Follow Coin Master to grasp market rhythm in real time.

March 18 Ethereum short-term reference: 2345-2395 range congestion, defend 2580 to fill in, target below 2300, 2200-2250 range long positions, stop loss 50 points, target above 2300. Message delivery has delays. Strategy suggestions are for reference only. Markets change rapidly. No matter how confident your market judgment, always set take-profit and stop-loss, secure profits #Gate广场AI测评官 #SEC与CFTC新监管指引 #伊朗确认拉里贾尼遇害 $BTC $GT $ETH
BTC-0.09%
GT-1.35%
ETH0.69%
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