10.4 two bing $ETH
Song/Chime strategy: If it rebounds and touches the 2720-2740 range, directly go short.
Follow the big-bing trend to trade sideways and oscillate; now it’s hovering around 2690. The rebound strength is very weak, and the overall bearish pattern hasn’t changed. The 2720-2740 zone above is a pressure band created by earlier dense trading; every time it reaches there, it can’t move higher and selling pressure is heavy. Rebounding into this range is a good spot to short. Place the defensive stop above 2780. On the downside, first look at 2670-2660; if it breaks below the range’s low, it will likely continue lower. #Zcash现货ETF首现周度净流出9360万美元
Song/Chime strategy: If it rebounds and touches the 2720-2740 range, directly go short.
Follow the big-bing trend to trade sideways and oscillate; now it’s hovering around 2690. The rebound strength is very weak, and the overall bearish pattern hasn’t changed. The 2720-2740 zone above is a pressure band created by earlier dense trading; every time it reaches there, it can’t move higher and selling pressure is heavy. Rebounding into this range is a good spot to short. Place the defensive stop above 2780. On the downside, first look at 2670-2660; if it breaks below the range’s low, it will likely continue lower. #Zcash现货ETF首现周度净流出9360万美元