$ETH 1-hour chart shows a strong breakout to the upside, with prices continuously breaking through key resistance zones and strong bullish momentum$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)
ETH-3.13%
View Original
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
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)