📣11/28 Ethereum Trend Analysis and Action Suggestions:


The current Ethereum trend has opened a bullish channel, which was previously outlined to remind everyone that the current bullish trend continues. For future operations, you can follow the chart that has been created. Yesterday, a position for Ethereum was formed at a price of 3010. Although the given space is quite large, that space can be taken according to each person's ability. Friends who are cautious may want to take profits first.
From the analysis of Ethereum price trends over the past four hours, the recent K-line price has shown a fluctuating upward trend, consistently closing bullishly since November 26, especially after a significant spike on November 24 that formed a breakout. Currently, the K-line is hovering around 3050, with 3076 above as short-term high point resistance, and 3000 below as a clear support at a round number. MACD: In the 4-hour cycle, both DIF and DEA are spreading upwards, with positive MACD bars increasing, indicating that bullish momentum is quite strong. RSI: RSI(14) is currently at 64, nearing the overbought zone, but has not fully entered, indicating that there is still some upward strength. EMA: EMA7 (3020) > EMA30 (2961), the short-term average crosses above the long-term average, and the price operates above EMA7, indicating a bullish trend. Daily volume is gradually shrinking, from 780,000 on November 26 to 250,000 on November 28, indicating that the attacking strength has slowed down. In the 4-hour cycle, the volume around 3050 is slightly weak, and it is necessary to pay attention to whether there will be a volume breakout.
Ethereum operation suggestion for the night of 11/28: (initial position control 5-10%)
It is recommended to open a buy position when Ethereum pulls back to the range of 3020-3030, with target levels: 3070-3100-3130.
Suggestions for additional buy positions around 2980, target points: 3050-3080-3100.
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