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Bearish
Binance ETH Ethereum Short-Term Trading Strategy (2024.12.20)
1. Ethereum follows the trend of Bitcoin, with a short to medium-term resonance 🈳 downward trend. In the 1-hour small cycle, utilize the head and shoulders bottom pattern to position, shorting on price highs;
2. Near the right shoulder resistance level around 3540, 🈳 enter with light positions;
3. Increase positions around the double top resistance level near 3700 to break even;
⚠️ The above analysis is for reference only. Please fasten your seatbelt, set stop-losses, and take protective measures for the three strategies to break even.
1. Ethereum follows the trend of Bitcoin, with a short to medium-term resonance 🈳 downward trend. In the 1-hour small cycle, utilize the head and shoulders bottom pattern to position, shorting on price highs;
2. Near the right shoulder resistance level around 3540, 🈳 enter with light positions;
3. Increase positions around the double top resistance level near 3700 to break even;
⚠️ The above analysis is for reference only. Please fasten your seatbelt, set stop-losses, and take protective measures for the three strategies to break even.
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