ETH Short-term Strategy
You can see that the major resistance is at 3398
The major support is at 3222
Currently, it is undergoing a fluctuation within a range
For those eager to open a position, I recommend going short between 3375-3398 with take profit at your discretion
Stop loss at the previous high, 3551
The lower you go, open long at 3239-3222 with take profit at your discretion and stop loss at 1% 3190
Remember, if the resistance or support is broken and then retraces, observe the subsequent trend. Don’t fantasize about opening long just because you think it will rise, or opening short just because you think it will fall. Make trades based on candlestick trends. Stability will be much higher. Always have a stop loss.
Opportunities are created by waiting, don’t FOMO into trades, don’t chase highs, don’t chase lows.
