【Ethereum 12.20 Market Quick Read】Trendline Breakout, New High Achieved
Today ETH broke through that critical resistance, followed by a new high. What does this mean? Simply put—every correction should be seen as an entry opportunity. Don't listen to those saying "a drop means it's over," the market is always testing back and forth.
I've marked all the specific levels, compare them yourself. After this breakout, there's a key point to watch: if the price doesn't accelerate upward after breaking the level, you need to stay alert and defend your position. If it falls back below the trendline, plans need to be adjusted.
The signal I sent yesterday was fulfilled today—once the trendline was broken, profits were generated. The current logic is clear— as long as the price doesn't fall back below this line, proceed with an upward strategy. The potential for gains is still quite substantial.
That's the technical aspect; the rest depends on the market's order book cooperation.
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ForkThisDAO
· 10h ago
Fuck your mother, this wave is really awesome. I said yesterday that it would take off today, so damn satisfying.
Breaking the level is money, continue to buy on pullbacks, no need to hesitate.
Finally crossed the trend line hurdle, there's still plenty of room.
But gotta watch the defense line closely, once it retests, strategies need to be adjusted.
This time the signal execution was good, let's just look at the technical performance.
Drop is to buy, brother. Those still hesitating really can't understand.
Yesterday's expectations are validated today, this feeling is so comfortable.
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PumpDetector
· 10h ago
ngl the trendline break looks textbook but we've seen this movie before... those "all dips are buys" types always get humbled when whale support dries up 🤔
【Ethereum 12.20 Market Quick Read】Trendline Breakout, New High Achieved
Today ETH broke through that critical resistance, followed by a new high. What does this mean? Simply put—every correction should be seen as an entry opportunity. Don't listen to those saying "a drop means it's over," the market is always testing back and forth.
I've marked all the specific levels, compare them yourself. After this breakout, there's a key point to watch: if the price doesn't accelerate upward after breaking the level, you need to stay alert and defend your position. If it falls back below the trendline, plans need to be adjusted.
The signal I sent yesterday was fulfilled today—once the trendline was broken, profits were generated. The current logic is clear— as long as the price doesn't fall back below this line, proceed with an upward strategy. The potential for gains is still quite substantial.
That's the technical aspect; the rest depends on the market's order book cooperation.