Many people ask about Erbing, but there’s not much worth saying in detail. Erbing and Dabing have basically the same fundamentals. Although sometimes divergences can happen, it’s very, very rare—there aren’t many occurrences over the course of a year—so Erbing just follows the same trend as Dabing.



In terms of its price action structure, Erbing is also very clear: the higher highs keep being pushed higher, and the higher lows move up in sync. Overall, the structure is very obvious—it’s a strong trend structure. There are two reversal signals for a strong trend structure.
1) A big bearish candle breaks through the rising support of the higher lows—this is a reversal signal.
2) If it stops being strong and instead moves into range-bound consolidation and repair, and especially if that repair takes a longer time, then a change may occur.

So, as of now, no reversal signals have appeared. Just follow the trend.

Erbing: around 3350 to 3335, you can do “kakuduo” (play/operate there), and around 2440 you can see it. #今日你看涨还是看跌?
ETH7,78%
BTC4,68%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin