Ethereum trading strategy: Continue consolidating, continue adjusting lines. Today's trading strategy is based on the 4-hour Bollinger Bands. For the future, stay bullish as long as the 4-hour middle band is not broken; if it breaks, chase short positions. Key levels: 3070, 3050/3030 ( 2-hour lower band ) Key levels below: 3000, 2980 (4-day lower band), 2950 (8-hour lower band), 2900. If these are not broken, you can continue to go long (previous low).
If bullish: Key levels 3150, 3230, 3260/3280 🩸🩸🩸 Observe 4-hour adjusted long trend, daily break above the 30-line, opening upwards. Be cautious with short positions, focus on buying the dip. Breakout trade 1: Short-term 3120/3130 (30-minute middle band), target 3150. Breakout trade 2: 4-hour upper band 3150, target 3180, 3200, 3230. Breakout trade 3: Daily upper band 3220, 3260/3280 (4-hour 256 MA crosses up, signaling a 4-hour bull run), targets above: 3300, 3350, 3400/3440, 3500/3530 (6-hour 256 MA).
Breakdowns and breakouts must have a stop loss of 10-15 points. Position sizing: use 1% for the first trade, if there are multiple breakouts, you can increase to 2%. Support and resistance levels will interchange upon breakout or breakdown.
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Ethereum trading strategy: Continue consolidating, continue adjusting lines. Today's trading strategy is based on the 4-hour Bollinger Bands. For the future, stay bullish as long as the 4-hour middle band is not broken; if it breaks, chase short positions. Key levels: 3070, 3050/3030 ( 2-hour lower band ) Key levels below: 3000, 2980 (4-day lower band), 2950 (8-hour lower band), 2900. If these are not broken, you can continue to go long (previous low).
If bullish: Key levels 3150, 3230, 3260/3280
🩸🩸🩸 Observe 4-hour adjusted long trend, daily break above the 30-line, opening upwards. Be cautious with short positions, focus on buying the dip.
Breakout trade 1: Short-term 3120/3130 (30-minute middle band), target 3150.
Breakout trade 2: 4-hour upper band 3150, target 3180, 3200, 3230.
Breakout trade 3: Daily upper band 3220, 3260/3280 (4-hour 256 MA crosses up, signaling a 4-hour bull run), targets above: 3300, 3350, 3400/3440, 3500/3530 (6-hour 256 MA).
Breakdown trade 1: Breaks below 4-hour middle band at 3070, target 3050, 3030, 3000.
Breakdown trade 2: 3030 2-hour lower band, 3000, 2980, 2950, 2930/2900.
Breakdown trade 3: 2900, target 2880, 2850, 2810.
Breakdown trade 4: 2800 12-hour lower band, 2750/2730, 2700, 2660, 2650/2630, 2575.
Upside resistance: 3110, 3120/3130, 3150, 3180, 3200/3230, 3230/3280, 3300, 3350, 3420/3450, 3500, 3530.
Downside support: 3070/3080, 3050/3030, 3000, 2980/2950, 2930, 2900, 2880/2850, 2810, 2800, 2750/2730, 2650/2660, 2600, 2570, 2550/2530, 2450, 2430, 2380, 2330, 2280, 2200.
Breakdowns and breakouts must have a stop loss of 10-15 points.
Position sizing: use 1% for the first trade, if there are multiple breakouts, you can increase to 2%.
Support and resistance levels will interchange upon breakout or breakdown.