What do you base your orders on?
Last night, Ethereum (ETH) 2460 line short orders were entered, stop loss 2490, take profit 2420
The reason is
2490 is the relative resistance level of the one-hour line, 2420 is the support level of the four-hour level
Since October 1, the US ETF has been in a state of outflow, which can be judged that the market has reached a certain high in the short term, so without the support of ETF, the market is bound to fall
The outbreak of the Middle East will also affect the market trend, so the recent market is mainly dominated by a downward trend.
2420 is the hourly support, so it is chosen as the take profit target
The above are the basis for my orders. I advise everyone that the most fatal is to open orders against the trend. More bands are accurately ambushed and enter the market, look at the armpits
