12.20 Ethereum layout

Master Wei predicted before that there will be a small waterfall to wash out the bulls in the next two days, and then there will be a big positive line and the golden hoop. Yesterday, I was very rational and did not make a single order. I went to the short position to wait and see. Maybe everyone will wonder why a short leader does not go short, does not touch the top above, and always considers buying low to enter the market. It may be a sentence in our daily life, called cost performance, and in trading it is called profit and loss ratio. First of all, many shorts above now temporarily occupy a certain advantage. Since we are trading, it is not like stock speculation, where there are unlimited opportunities 24 hours a day. Today you are at a high position, and tomorrow you will find that the monkey has turned over and become the overlord.

Back to the market, Ethereum, which has fallen by 800 points in three days, has shown a stop-loss signal. Whether it is 1H, 4H, or daily K performance, they are all bullish indicators. Except for the performance of weekly K, which is somewhat contrasting, whether we can try to buy the bottom, Wuxian thinks it is worth a try.

The figure shows the long order entry range left before. If you are interested, you can read the previous post. If you do it according to the current situation, you can enter the first position at 3330-3300, leaving a position for replenishment. The target is 3398-3410, and the pattern position is 3500. In the short-term, you will leave $ETH in the comment area according to the trend.