Trend strategy based on ETH/USDT
Strategy cycle: medium- to short-term strategy, based on technical analysis of daily, three-day and weekly lines, suitable for trend trading in the next 1-2 weeks.
Strategy details:
Entry point:
When the price falls back to the 3760-3800 USDT range, gradually build a position, using the short-term support of EMA(7) and EMA(25).
Take profit point:
The initial take profit target is 3950-4000 USDT. If it breaks through this range, the momentum can be observed to continue and raised to 4150-4200 USDT.
Stop loss point:
Set in the 3580-3620 USDT range below EMA(25) to prevent large losses caused by trend reversal.
Technical summary:
This strategy cycle is medium- to short-term from daily to three-day lines, suitable for trend trading, using the bullish trend of moving average support and MACD momentum. Buy in batches near the entry point, and strictly implement the stop loss and take profit plan to ensure that the risk is controllable.
Click the trading pair below to trade. $ETH