DuoDuo 12.16 ETH Morning Market Analysis (Personal Opinion, Welcome to Discuss)
Upper Resistance Levels: 2940-2950 strong resistance zone. If it breaks down below 2910 and does not fall below 2900, consider re-entering long positions for an upward move.
Lower Support Levels: 2870 as strong support. If broken, it could be a shorting opportunity.
Hourly Oscillation Range:
Bullish Range: 2910-2930
Bearish Range: 2940-2910
First Support: 2890-2880
Second Support: 2870-2860
First Resistance: 2940
Second Resistance: 2950-2960
Short Entry Suggestion: 2940-2950
Stop Loss: 16 points
Take Profit: 2930-2
Upper Resistance Levels: 2940-2950 strong resistance zone. If it breaks down below 2910 and does not fall below 2900, consider re-entering long positions for an upward move.
Lower Support Levels: 2870 as strong support. If broken, it could be a shorting opportunity.
Hourly Oscillation Range:
Bullish Range: 2910-2930
Bearish Range: 2940-2910
First Support: 2890-2880
Second Support: 2870-2860
First Resistance: 2940
Second Resistance: 2950-2960
Short Entry Suggestion: 2940-2950
Stop Loss: 16 points
Take Profit: 2930-2
ETH-0.17%









