【Today’s Strategy-ETH】
I have been doing real trading recently, so I haven’t bothered to post. Overall, the profits are good. There are always people happy and worried in this market. There is no doubt that the market is cruel!
Judging from the recent market prices of the big pie and Ether, the signs of switching between strength and weakness are very obvious. In the early days, Ether was weak and the big pie was strong. In the past two days, Ether was strong and the pie was weak. However, at present, the big pie is just making up for the decline, but in theory Whether the premium is high or low, we still need to pay more attention to Ether in the market outlook. After all, Ether takes precedence over the big pie to correct, and it should also take precedence over the big pie to rebound.
Judging from the internal 1-hour trend, Ether belongs to a low-level triangular shock consolidation structure. The current price of the currency is at the upper edge of the end of the triangle, which shows that bulls are willing to make an upward tentative breakthrough. Can it stand firm or can there be a high premium? I think You can only leave it to the market. Since you are making a contract, you can just grasp the interest rate difference at the internal level.
The current pressure levels are 1568, 1578 and 1606 above, and the support level is 1550. As long as 1550 is not effectively broken and you do not go short, you can win an oversold rebound.
Strategy:
Go long near 1550, target 1578, and above 1606, defend 1540
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