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#ETH Thursday night April 23rd Bitcoin trading ideas
After the previous false breakout flag pattern, it didn't even touch the resistance at 2432, and the trend was relatively weak, then it fell back into the flag pattern, even breaking below the 2333 support.
Currently, it has tested the key support at 2300 and held; if it breaks below, it will retest 2289, and only if it breaks below 2289 will the decline be amplified.
Trading suggestions:
A volume breakout above 2357 and a stable hold can be followed on the long side, with a stop loss set at a break below 2357.
A retest of 2287 confirming support is effective, a small long position can be taken, with a stop loss at 2251;
If it stabilizes above 2357 on the hourly level, target 2386→2412.
A volume breakdown below 2287 can be followed on the short side, with proper stop loss.
If the price reaches 2412, a small short position can be taken, with a stop loss at 2441.
4-hour level: a break below 2343, target 2295→2250.