Ethereum is here with hanging orders 😂

Thinking that everyone might be tired of looking at screenshots, let's go straight to the photos and experience the first-person perspective of pushing the market. Looking at it this way, a small W shape has clearly appeared, and both times it rebounded to the 0.5 position were pushed down, proving that we can reference this wave of Fibonacci.

So placing orders is very simple, short between 2515~2526.

For adding positions, it should be set at 0.618, which is above 2565. Of course, this depends on your trading habits. Recently, I have been used to entering positions first and then adding, which has a very high win rate and a decent risk-reward ratio. If you are a one-off trader, then the upper side is the stop-loss level. I have discussed specific stop-loss strategies in the pinned article, so everyone can check that out.

The target is below 2500, with the first take profit near 2480 and the second take profit at 2450. Why is the target so close this time? Because the weekend market isn't very active. If there are no fluctuations tomorrow, there might be some action in the evening, so we need to consider whether to exit.