May 14th Strategy Plan.


Today, I recommend executing in this order:
2264—2270, if it can't hold, prioritize shorting
Effective break below 2248, follow the trend and short
Only turn bullish after volume stabilizes above 2270
Only trade rebounds at 2233 or 2220, avoid fighting the trend

Around 2310
Strong resistance zone
For long positions, mainly close out here
If it spikes up and then falls back, try shorting lightly

Intraday long/short dividing line at 2270
If it holds steady at 2268 - 2270:
Go long
Stop loss: 2250
Targets: 2280 / 2288 / 2308

If it can't hold above 2270:
Go short
Stop loss: 2290
Targets: 2255 / 2250 / 2233

Between 2250 - 2248
Break below 2248 in the near support zone and fail to rebound past 2252:
Follow the trend and short
Stop loss: 2260
Targets: 2238 / 2233 / 2220

Between 2233 - 2236
Rebound zone for quick trades
Stop loss: 2227 - 2229
Targets: 2245 / 2250 / 2258

Between 2219 - 2222
Extreme support zone
Only quick in-and-out rebounds
Stop loss: 2210
Targets: 2230 / 2238 / 2250

Core Summary:
Above 2268 - 2270, bias toward bullish
Below 2268 - 2270, bias toward bearish
Break below 2248 accelerates the bear trend
Only short-term rebounds at 2233 and 2220
$ETH
ETH-3.6%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned