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Course 1: Community exclusive "long short prompt trading indicators"
Lesson 2: What are the opportunities for evening operations
Course 3: Exchange of Student Positions and Trading Issues
Technical Analysis Course Plan/Candlestick Chart/Moving Average/Trend Line/Support Resistance/Fibonacci/
BTC/ETH Trend Analysis and Opinion: The market has fluctuated greatly in the past two trading days; On Sunday, the collective saw a significant increase of over 10%, while the bulls were truly celebrating. On Monday, the market fell sharply, devouring the entire day's gains; The intense long short game indeed caught most traders off guard; But in times of market turbulence, being able to save ammunition while minimizing losses is the opportunity to make a profit. We have already controlled it better than many people; Trading is a marathon, don't give up the entire journey just because you sprained your foot for one kilometer
Returning to technical analysis; Ethereum's daily chart has emerged from a low and bearish sentiment has swallowed up today's opening, leading to a downward trend; The current market quotation of 2070 is clearly in a weak and undiminished trend at the minimum test level of 2000; So is Sunday's sharp rise a flash in the pan or the market's final wave of bearish buying and selling; It is necessary to observe for several days that the conclusion regarding market expectations remains unchanged; 2100-2000 is the watershed for Ethereum's bull and bear markets. Holding onto the dividing line, bulls still have a chance to rise; If Ethereum effectively falls below the 2000 integer mark, the market will continue to decline in the later period. If it falls again from 1500 in August 2023 to 880 in June 2022, it means that at least Ethereum will enter a long-term bear market phase; So 2000 is extremely important as a lifeline for Ethereum bulls; Can we hold on? We need some more time to observe
Today's operational recommendation: It is not recommended to buy at the bottom during Monday's bearish candlestick period; You can pay attention to short selling opportunities after a rebound; If there is a short selling signal after a rebound near the intraday resistance of 2200-2280, you can try short positions with light positions; Chasing empty space is not recommended
Short term trading opportunities within the day? Looking for specific locations? We will also share in the live broadcast room how to find opportunities for both long and short positions to enter;
Welcome to the Tencent Meeting live broadcast room to discuss and exchange with teachers for more details on currency operations and trading issues!
Recommended idea [waiting for bottom fishing]
Focus on Support Resistance Today
ETH resistance/2500-2550/support 2100-2000
For more details, welcome to the live broadcast room for discussion, learning, and exchange!
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