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Hong Kong, April 6th, 20:12 PM, ETH support and resistance levels
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In the long-term cycle (weekly/monthly), the trend is neutral to slightly bearish; in the medium-term cycle (daily), neutral to slightly bullish; in the short-term cycle (4-hour), bullish. This is the first time all three cycles show this pattern. The medium, small, and large cycle structures are improving—this is the most positive technical signal since mid-March.
Trend direction above the daily level: cautiously bullish. The volume breakout at 2155 is a key signal for medium-term trend improvement, but the daily moving averages have not fully turned bullish yet. Further confirmation is needed.
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ETH Resistance Levels
Level 1: Around 2223 (29% breakout probability)
Level 2: Around 2263 (54% breakout probability)
Level 3: Around 2303 (27% breakout probability)
Level 4: Around 2333 (15% breakout probability)
Level 5: Around 2283 (7% breakout probability)
ETH Support Levels
Level 1: Around 2088 (42% breakdown probability)
Level 2: Around 2061 (63% breakdown probability)
Level 3: Around 2020 (38% breakdown probability)
Level 4: Around 1976 (16% breakdown probability)
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$ETH