Last night's news: Inflation exploded → Interest rate cuts cooled → Dollar soared → Crypto market collapsed
This week, ETH has been jumping between 2465-2385 like a wind-up toy, while others curse the dealer, Lao Zhao laughs and slaps the table!
Enter short position at 2447 → Close short and reverse long at 2400 → Take profit at 2440, three waves of operation netting 354% profit!
Why dare to play like this?
2465 = Death Ceiling
Three high spikes with a massive short position overhead
MACD top divergence dead cross → Short with closed eyes!
2385 = Golden Dog Head Guillotine
Half-year strong support level + Panic explosive volume
RSI falls into the abyss of 30 → Fully loaded to bottom fish!
Technical Analysis:
The dealer draws the box, and Lao Zhao draws the financial path! As shown in the picture, it is simple and clear. As long as the box does not break, it is stable and happy. The 80-point space from 2465 to 2385 can be your automatic withdrawal channel if operated properly! In the short term, without news or explosive volume, it is highly likely to maintain the box structure and continue to consolidate. The key pressure and support points are clearly marked! Everyone can also copy the homework! For the long position, pay attention to whether it breaks upwards and closes above 2465, then you can see the previous high point of 2520, this key pressure point. Once there is an effective breakthrough at 2520, it will open the rising channel, and it is likely to continue to rise after a slight pullback! For the short position, look at the second support point of the Fibonacci line at 2365 and the watershed at 2315, two key points.
If you feel helpless or confused trading in the crypto world, I hope my sharing can bring you some inspiration and help! Those who don’t understand how to profit in a fluctuating market, follow the public account: Lao Zhao Trend. I will teach you step by step.
My strict discipline (beginners must copy the homework)
Stop-loss as a protective charm:
Short position stop-loss at 2485 (20 dollars for life insurance)
Long position stop-loss at 2365 (20 dollars for coffin money)
Take profit like a hungry wolf pouncing on food
Leave half a position to bet on a doubling market
Blood and tears warning: trading without stop-loss in a fluctuating market is equivalent to dancing on a grave!
#美国5月核心PCE物价指数 $ETH
