#币安HODLer空投HAEDAL #BTC挑战11万大关
5.21 Evening Market Overview: Will ETH show a shark pattern?
Yesterday afternoon, I already told everyone that making trend-following trades is more stable in the current market. We entered a short position when it broke the trend resistance line at 2532, then rebounded and entered a long position, making a profit of 100 points on both short and long positions.
Around 2585 still remains an excellent position for shorting on the left side, with a stop loss at 2610.93, and targets at 2506 and 2564; the left-side long position is still near the bottom of the oscillation range around 2381, with a stop loss at 2347 and targets at 2466 and 2514.
Looking at the chart, Ethereum has a shark pattern, predicting that point D will land around 2347.23 to form a reversal. One can also enter long positions here, with a stop loss at 2318 and targets at 2466 and 2514; the pattern may not necessarily form, but one can still enter long positions here.
Tonight, watch the right-side position near 2514.67, if it retraces and does not break, enter long positions, or if it breaks and retraces, enter long positions, with a stop loss at 2465.37 and a target of 2585.
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