🤩Intraday Short-term Strategy for ETH🤩
#ETH持续飙升 accompanied by the good news of #EthereumEFT . During today's pullback, intraday entry points have emerged. The logic is as follows:
1. In a one-sided market during a bull or bear phase, indicators may fail.
2. More informative are the volume-price relationship; secondly, trend lines + moving averages.
3. Pullback to the support level of the 3-day line. (Note, this is the first retest after a breakout) 🚀
4. Divergence after increased volume on the 5-minute level 🚀
For intraday trades, exit if support is broken, even if it's a false breakdown. 😘😘😘