Brother Bido's Strategy on June 2

1. First, let me give you a mnemonic: high points remain unchanged, low points keep getting higher. This means that over a period of time, there is a consistent breakthrough of a highest price, while the lowest price gradually rises, as indicated by the arrows in my screenshot. This situation is generally a sign of market consolidation! The goal is to shake off the weak hands and continue the breakout!

2. The $ETH one-hour chart seems to be stuck at a breakout, but in reality, this position is the double track resistance I previously mentioned. Currently, this price around 2535 is just at the upper track of the one-hour chart and the middle track of the four-hour chart. The capital will definitely continue to lure shorts at this position, with the pattern showing multiple sudden drops followed by pullbacks!

3. How to operate: The four-hour line has formed a pattern of almost two bullish candles sandwiching one bearish candle, which indicates a potential breakout. Therefore, Brother Bido is raising the take-profit position for $ETH from 2620 to 2720. $BTC #交易类型入门 #PCE数据来袭 #特朗普媒体科技集团比特币财库