$ETH Evening Strategy:
Two Pie just made a fake breakdown by piercing the triangle briefly. If it cannot recover back inside the triangle, and then pierces below the low point of the previous dip, Two Pie will likely enter a corrective phase. If it manages to reclaim the triangle and resume trading within it, there will be a range-bound movement between 3303 and 3346. If 3303 is broken, it will certainly retest around 3253. Once 3303 is broken, the consolidation phase after this uptrend will be invalidated.
If 3253 is breached, the large bullish candle indicated by the white arrow will be engulfed by more than half.
If it retraces to around 3253 but fails to show a valid rebound above 3300, it will continue downward to retest 3183.
Currently, the hourly resistance for Two Pie is at 3346. Only by breaking above this level can the uptrend resume, aiming for previous highs and new highs. Don't be misled by how fast Two Pie is rising—when it falls, it can drop much faster than it rose. If another rebound fails to break the previous high and forms a pin bar, a double pin top pattern will emerge. That’s the correction everyone has been waiting for. The risk is not the correction itself, but whether you dare to enter when it comes. If you don’t act, the correction won’t help you.
Buy on volume breakout above 3344 on the right side, sell on volume breakdown below 3302 on the right side. Pay close attention to volume changes and always manage your stop-loss.
If Two Pie holds above 3344 on the hourly chart, look to target 3380–3420.
On the 4-hour chart, a break below 3311 will lead to a target of 3263–3230.
On the daily chart, the triangle has already been broken. The key is whether it can hold above the upper boundary of the triangle. If it remains above the triangle, the uptrend will continue. If it falls back inside the triangle, it will resume range-bound trading within the triangle. As long as the triangle is not broken, there’s nothing to worry about. The daily chart’s white line arc bottom has completed. Now we watch whether the arc bottom marked by the yellow line can form. Once the yellow line arc bottom forms, Two Pie will return to 3654. This is the view from the daily chart perspective. Meeting adjourned.
$ETH #Strategy增持比特币