ETh Intraday Strategy

At the daily level, the rebound touched the previous high of 2420, then met resistance, broke down and fell back. On the 1-hour level, it spiked up and then continued to pull back. The rebound has no volume, while the decline has volume. Currently it is near the key support level of 2310. The daily bullish trend remains unchanged. In the short term, it has entered a pullback and correction phase, and the battle between bulls and bears has intensified. The 2400 level has completed the second attempt, and it is highly likely that it will complete its buildup and break through soon. Bears should watch for losses.
High short: Place short positions in the 2330-2360 range on the rebound, set a stop-loss above 2400, the first take-profit target is 2235; if it breaks below 2235, you can hold to look at 2190.
Low long: Only try longs with a light position size when the retracement is in the 2215-2240 range and there is a clear stop-down signal; set a stop-loss below 2210, the first take-profit target is 2300-2310; if it breaks through, you can look at 2330-2340.
For intraday trading, strictly follow stop-profit and stop-loss. Any breakout / breakdown of key levels without volume is considered a false signal. It is not recommended to blindly chase or panic sell and cut. Use light positions to control risk. #Gate13周年 #WCTC交易赛瓜分800万USDT #eth