$ETH 1-hour chart shows a strong breakout to the upside, with prices continuously breaking through key resistance zones and strong bullish momentum$ETH
Core trading strategy for Ethereum: Focus on buying the dips, pay attention to the performance at previous high resistance levels.
Specific trading plan:
Short side Short on rebound: If the price rebounds to the resistance zone around 3280-3300 and shows signs of stalling with candlestick patterns, short in batches | Target: 30-120 points+ Short on breakdown: If the price breaks below the support near 3180, follow the trend and short | Target: 30-120 points+
Long side Buy on pullback: If the price pulls back to the support zone around 3180-3190 and shows clear signs of momentum exhaustion, go long in batches | Target: 30-120 points+ Long on breakout: If the price holds above the resistance near 3300, follow the trend and go long | Target: 30-120 points+
Unified risk control stop-loss of 30 points: Stop-loss for short positions is set 30 points above entry price Stop-loss for long positions is set 30 points below entry price
(The above is my personal trading framework and not investment advice)
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$ETH 1-hour chart shows a strong breakout to the upside, with prices continuously breaking through key resistance zones and strong bullish momentum$ETH
Core trading strategy for Ethereum:
Focus on buying the dips, pay attention to the performance at previous high resistance levels.
Specific trading plan:
Short side
Short on rebound: If the price rebounds to the resistance zone around 3280-3300 and shows signs of stalling with candlestick patterns, short in batches | Target: 30-120 points+
Short on breakdown: If the price breaks below the support near 3180, follow the trend and short | Target: 30-120 points+
Long side
Buy on pullback: If the price pulls back to the support zone around 3180-3190 and shows clear signs of momentum exhaustion, go long in batches | Target: 30-120 points+
Long on breakout: If the price holds above the resistance near 3300, follow the trend and go long | Target: 30-120 points+
Unified risk control stop-loss of 30 points:
Stop-loss for short positions is set 30 points above entry price
Stop-loss for long positions is set 30 points below entry price
(The above is my personal trading framework and not investment advice)