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The middle band of the Bollinger Bands on the four-hour chart for Ether has completed the conversion of pressure support at this position. Overall, the price did not stabilize at the 4300 position last night, but the overall retracement during the early morning was not significant. The price is running closely against the structural resistance line of the flag pattern. If the intraday trend can break through the resistance line, then long positions can look forward to a continuation.
Long positions near Ether 4286, target 4386. Defense 40 points. #BTC# #ETH#