Sharing of ideas on Ethereum's order placement today (10.18)

1. Good afternoon, everyone. First of all, regarding the reminders from many family members to me about the rebound of Ethereum, I have also thought about it carefully. I personally think that the blood-sucking market is unlikely to come. That is, if Bitcoin crashes again like last time, Ethereum may not even reach 2000. Of course, this is just my personal opinion. Although the price of Bitcoin is very different from that of Ethereum, we can't just sit there and wait for it to rebound. We still have to do what we should do. Set a stop loss and don't resist the order to avoid being left behind!

2. From the daily chart, the left head and shoulders structure of Ethereum is pretty good, which means that the buying power below is still sufficient. It is currently trading sideways with four pins probing the top and entering the triangle dead cross area. I think the left figure will form an M head W bottom, that is, at the end of the triangle dead cross area, it will fall again, and then break the triangle area and pull up, which is the ideal state. The first-line pressure level is 2720. This position is actually very easy to break. Even the resistance of 2800, I also think it will be easily broken in the future. Don't forget that the longer the bottom is built, the more solid the structure is. The shock absorption may be a week or a month or even longer.

3. I received the needle at 2688 two days ago. I don't know if any of you are still holding it. I remember that I reminded you to change profit to break-even when the floating profit was more than 100 points. If you hit the break-even loss, you can go short again in the range of 2693-2723. Family members who are not present can also hang up. The target is to see the range of 2467-2487. You must throw it away if it breaks the previous high. Because the sideways movement in the past two days may be absorbing funds, so the defense is thinner. Try to make a big profit! $BTC $ETH