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#以太坊突破3800# 7.22 Market Overview: ETH chase rising prices profit of 70 points
Yesterday, after ETH broke through 0.618, I chased rising prices with a long position, which also took profits at 70 points; now ETH continues to form an ascending triangle, making long positions on dips and backtesting the trend line is even more stable.
Wait for Ethereum to pull back to the trend line at 3713 on the right side, or break below and retest the upper trend line to go long, with a stop loss at 3674 and targets at 3765 and 3800; or wait for Ethereum to break the trend line at 3756 and enter long on the resonance with the horizontal line, with a stop loss at 3695 and targets near 3824 and 3890.
Wait for the breakout at 3824 on the right side, and after a false breakout, enter a short position in the direction of the trend, with stop loss at the breakout high, and targets at 3756 and 3697.
If you pass by, please give a follow and a like as the biggest support for me, thank you! The above information is only for market analysis and not a trading strategy; follow me to stay on the right track as I provide you with the latest news and price analysis every day, along with the wealth codes you want. Don't forget to follow and like!