ETH market operation ideas and analysis:
From yesterday’s situation, we learned that the market will fall if it does not stabilize. Director Dong originally wanted to wait for a wave of highs before selling short chips, but he did not expect that the market would fall directly and break our stop loss position. Let’s look at the overall situation from the beginning again. After this round of breaking through the new low position in recent times, the general market trends are favorable to the short position.
The pressure position above continues to move downward. The current moving average pressure is at 1600-1620. If there is no such rebound strength, it is still necessary to adopt the short-selling method. In addition, some currency friends have a large number of long chips in their hands and need to reduce their positions. Avoid big losses, because after the unilateral decline in the morning, the current rebound momentum is shrinking, which is conducive to the short selling trend.
Idea: At present, the rebound space is reduced. Go short first and then look at the low rebound action. You can go short at the 1600-1615 position. The target point is the 1670-1656 position first. Then go to the 1656 position to connect the longs, and look at the rebound strength of the general trend after the second new low forms the bottom chip. Then look at the 1620 position. As long as you stand firm above 1610, the bulls suggest that you can hold it and continue to watch.
Director Dong has been engaged in currency market trading for a long time. For those who are still confused during the operation, you may wish to watch more of the teacher's strategies and videos for real-time online guidance throughout the day. If you are unable to grasp the short-term and the mid-line, you can Pay attention to me, Director Dong, to understand the real price of coins. ea1663s, everyone is welcome to like and follow. #ETH $ETH
From yesterday’s situation, we learned that the market will fall if it does not stabilize. Director Dong originally wanted to wait for a wave of highs before selling short chips, but he did not expect that the market would fall directly and break our stop loss position. Let’s look at the overall situation from the beginning again. After this round of breaking through the new low position in recent times, the general market trends are favorable to the short position.
The pressure position above continues to move downward. The current moving average pressure is at 1600-1620. If there is no such rebound strength, it is still necessary to adopt the short-selling method. In addition, some currency friends have a large number of long chips in their hands and need to reduce their positions. Avoid big losses, because after the unilateral decline in the morning, the current rebound momentum is shrinking, which is conducive to the short selling trend.
Idea: At present, the rebound space is reduced. Go short first and then look at the low rebound action. You can go short at the 1600-1615 position. The target point is the 1670-1656 position first. Then go to the 1656 position to connect the longs, and look at the rebound strength of the general trend after the second new low forms the bottom chip. Then look at the 1620 position. As long as you stand firm above 1610, the bulls suggest that you can hold it and continue to watch.
Director Dong has been engaged in currency market trading for a long time. For those who are still confused during the operation, you may wish to watch more of the teacher's strategies and videos for real-time online guidance throughout the day. If you are unable to grasp the short-term and the mid-line, you can Pay attention to me, Director Dong, to understand the real price of coins. ea1663s, everyone is welcome to like and follow. #ETH $ETH