ETH Trading Strategy Guide
Core Operation Points
Long Signal: If ETH breaks through $1772 with volume, you can enter a long position on the right side; stop loss if it breaks below. If the price retraces to $1746, you can enter a small long position after confirming that support is valid, with a stop loss if it falls below $1711.
On the left side, you can place a long order at $1710, setting a stop loss at $1681.
Short Signal: When $1760 breaks down with volume, you can enter a short position on the right side; if it reaches $1838 above, you can layout a small short position, and stop loss if it breaks through $1857.
Trend Judgment
At the hourly level, it needs to effectively break through $1783 and hold above it to look further up to $1808-$1840; beware of its frequent pinning characteristics.
Key Levels
Resistance Levels: $1783-$1803-$1837
Support Levels: $1756-$1737-$1712
If the 4-hour level breaks below $1755,
the target below will shift to $1720-$1663.
In operations, strict stop-loss rules must be followed to avoid the risk of trend breakdown, as once the trend deteriorates, recovery takes a long time.
