#ETH Ethereum is performing as expected, facing resistance around 2100. The community has arranged orders near 1980, partially taking profits and opening short positions, with profits taken at 2070. Currently, it's following the 30m Bollinger channel, and a Bollinger trend reversion strategy can be applied. For details, see the Bollinger Bands tutorial.
#ETH Ethereum 8h level, after the SOS breakout, it also retraced to the midline support. From the baseline support to the midline support, it's a strong signal. Currently testing the 8h resistance level, if it breaks and holds above 2100, it will continue upwards.
Tip: The US market might dump tonight. If it can't go above 2100, consider taking a short position. Set a stop loss if it breaks 2100. You can try, but make sure to have a stop loss!
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