6.9 Ether Market Strategy Share

$ETH $6.9 Intraday Trading Strategy

The market liquidity is relatively weak on weekends. The trading strategy for the 6.7 date has only just formed today, with a short signal in the 2513-2569 range. On 6.8, it surged to this range in the morning, but there was no clear trading signal, and the downward movement did not reach the first target of 2444, so this strategy continues. This morning, it reached the 2513-2569 range again, with a clear trading signal of a top divergence, and also formed a 4-hour adjacent divergence, shorting at 2538. Today's strategy is to short on the pullback.

Action Suggestion: Short near 2521 on pullback; if there is no pullback and it directly breaks down, short on the retest at 2502.

Targets: 2500, 2444, 2397; Stop loss: 2548. Stop loss for short position on retest: 2521.