Many friends have been asking what is right-side trading?

Now let me tell you about the trend of ETH in real-time market. As we all know, the lowest point of ETH's plunge last Friday was 3560U, so now the real-time price has fallen below 3560 US dollars.

If it is a right-side trading strategy, you need to wait for it to break through 3560, and at least one 4-hour K-line stands above 3560. If this 4-hour VOL (trading volume) exceeds most of the previous same levels, then the winning rate will be higher.

How to set the stop loss for right-side trading?

Only after ETH breaks through the resistance of 3560 and falls back to 3560, you observe that the 15-minute trend RSI is oversold and the short-term 3560 is on the train, the stop loss can be placed at the new low of its starting point.

Extension: There are also cycles in right-side trading, such as the bottom of the weekly level rising in volume. If you chase it and look at the short-term every day, it will definitely be uncomfortable because you are at a different level. Moreover, right-side trading is often confusing, and the most likely result is to chase the rise and fall continuously. The left side trading is to buy the bottom when the price drops and short when the price rises. I will tell you the details when I have time.