ETH: Structural key positions determine the outcome, and swing operations follow a pattern
ETH still follows the upper and lower edges of this structure to find support and pressure.
The goals mentioned before will eventually become a reality one by one.
Review of yesterday's strategy:
At the level of swing operations, it is not wrong to act within this range and short when the price touches the upper edge. Just set a small stop loss slightly higher than the previous high.
If the nearby support levels such as 3540 and 3450 are not broken, it means that ETH is strong and it is not appropriate to do short operations at this time.
Moreover, when the market is in such a situation, it is necessary to hold firmly until the lower edge of 3270.
When the price rebounds from 3270, it is unwise to reduce the position in time at the upper edge. Based on this point of view, it is necessary to flexibly adjust and move the reduction and stop loss points.
Intraday trading continues to focus on these key positions and conduct operations within the established range.
