2026-01-28 05:32:10

#eth ETH 1-hour MACD is showing a bullish crossover above zero, indicating a pullback is needed. The rebound momentum on the 8~12 hour timeframe is still present. Currently, there is a volume contraction and a downtrend with no buying pressure. Last night, it rose from 2897 to 3034, with a Fibonacci retracement of 0.5~0.618 at 2966~2950.

The 1-hour EMA30~EMA52 is at 2966~2949, the 4-hour EMA is at 2956, and the 8-hour EMA is at 2960.

Therefore, a buy order can be placed between 2966~2950 with a ratio of one to multiple. Take partial profits near the previous high of around 3030 and watch for a potential breakout; if it breaks through, look towards 3060.

For short positions, higher entry points should be considered. The 12-hour EMA52 (3061) and the daily EMA30 (3064), along with the middle band and EMA52, are all around 3100. If there is a strong upward push, then watch for resistance near 3154.

Buy between 2966~2950.

Take profit at 3030 and 3060.

Stop loss at 2915.

Light short at 3060, short at 3096.

Take profit between 2982~2966.

Stop loss at 3120.

ETH-7,44%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

3 Likes