11.27 Ethereum Swing Take Profit Reminder
The swing take profit level remains around 3220, with a trend target of 1500.
When trading, everyone should be clear about whether they are suited for trends or swings. Trend cycles are longer, and fluctuations are normal; it's necessary to refer to resistance and support levels for increasing or decreasing positions.
For example, in this trend, maintaining a short position, after breaking below 3000 and testing the resistance level on a rebound, one can use floating profits to increase the position.
For swings, just exit near the target level; partial take profits can also be taken along the way.
I have a suggestion for you:
1. For those who are relatively lazy, have a larger position, and pursue monthly returns, use split position trends.
2. For those who do not have a larger position and do not prefer long-term holding, use split position swings.
Therefore, everyone needs to choose a trading system that suits their mentality and position.
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