March 3rd, Kònggǔ: The narrow range of oscillation, will there be a trend opportunity?

CN
1 year ago

Sunday, March 3, 2024

The oscillation space is narrowing, will there be a trend opportunity?

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  1. Daily chart: After breaking through the 58,000 resistance level, the price continued to rise. If the subsequent pullback does not break this support, the upward trend will continue.

  1. 1-hour chart: After a short-term breakthrough above the 60,500 resistance level, the price maintained oscillation above it. If the subsequent pullback does not break this support, there is still a trend of continued upward movement.

II. Ethereum

  1. Daily chart: After breaking through the 3,200 resistance level, the price continued to rise. If the subsequent pullback does not break this support, there is still a trend of continued upward movement.

  1. 1-hour chart: After a short-term breakthrough above the 3,300 resistance level, the price maintained oscillation above it. If the subsequent pullback does not break this support, there is still a trend of continued upward movement.

I. Bitcoin

  1. Yesterday's view:

Summary: After a short-term breakthrough above the 60,500 resistance level, the price maintained oscillation above it. If the subsequent pullback does not break this support, there is still a trend of continued upward movement. Resistance above is at 64,300 and 67,000;

If it breaks below, a pullback trend will unfold, with support below at 56,700 and 54,400.

  1. Future trend:

The future trend maintained oscillation above the 60,500 resistance level after a pullback, reaching a high of 62,276.

II. Ethereum

  1. Yesterday's view:

Summary: After a short-term breakthrough above the 3,300 resistance level, the price maintained oscillation above it. If the subsequent pullback does not break this support, there is still a trend of continued upward movement. Resistance above is at 3,580 and 3,730;

If it breaks below, a pullback trend will unfold, with support below at 3,090 and 2,945.

  1. Future trend:

The future trend maintained oscillation above the 3,300 resistance level after a slight pullback, reaching a high of 3,475.

I. Bitcoin

Summary: After a short-term breakthrough above the 60,500 resistance level, the price maintained oscillation above it. If the subsequent pullback does not break this support, there is still a trend of continued upward movement. Resistance above is at 64,300 and 67,000;

If it breaks below, a pullback trend will unfold, with support below at 56,700 and 54,400.

II. Ethereum

Summary: After a short-term breakthrough above the 3,300 resistance level, the price maintained oscillation above it. If the subsequent pullback does not break this support, there is still a trend of continued upward movement. Resistance above is at 3,580 and 3,730;

If it breaks below, a pullback trend will unfold, with support below at 3,090 and 2,945.

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