ETH has now retraced to the important support level on the four-hour chart. In the recent one-hour trend, three consecutive long lower shadow candlesticks have appeared, which is a typical bottom testing signal.
From a technical perspective, the subsequent strategy can be to use the 136 price level as the main entry reference point, waiting for a bottom rebound opportunity to go long. However, it is important to note that if the first golden cross signal is not followed up promptly, do not chase the high. Instead, wait until the indicator forms a golden cross again before building a position, which can significantly reduce the risk of chasing a high and getting caught.
Discipline in trading operations after entering the market is crucial: strictly implement trailing stop-loss to protect the principal first, then consider locking in profits. Once a clear volume spike and pin pattern appear, exit immediately to take profits—do not be greedy for a larger increase. Controlling risk always comes first.
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CryptoMotivator
· 01-11 03:07
This level at 136 sounds okay, but I still need to wait for the second golden cross before I dare to act. The shadow of being caught in a high chase last time still hasn't passed.
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BlockchainWorker
· 01-10 19:25
Position 136 is indeed a good reference, but I'm still a bit hesitant, always worried about a golden cross followed by a false breakout.
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DefiSecurityGuard
· 01-08 10:01
⚠️ hold up—those long wicks looking sus to me. DYOR on that 136 entry point before you yolo in, ngl. seen too many "golden cross" baits turn into honeypots. not financial advice but... strict stop losses or gtfo, fr fr.
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FarmToRiches
· 01-08 10:00
I see the price level at 136 looks a bit risky. The previous position I got caught in still hasn't recovered yet.
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GasFeeCrying
· 01-08 09:58
I've had my eye on the 136 level for a long time, just waiting for a rebound. I won't take action until the golden cross is confirmed.
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MEVSupportGroup
· 01-08 09:45
136 this level sounds quite fragile, I'm just worried it might be suppressed again.
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GhostAddressHunter
· 01-08 09:44
I've been waiting at this point since 136 for a long time, just worried it might be a false alarm again.
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DuckFluff
· 01-08 09:42
I think that point at 136 is a bit risky; I wouldn't dare to act until the secondary golden cross is confirmed.
ETH has now retraced to the important support level on the four-hour chart. In the recent one-hour trend, three consecutive long lower shadow candlesticks have appeared, which is a typical bottom testing signal.
From a technical perspective, the subsequent strategy can be to use the 136 price level as the main entry reference point, waiting for a bottom rebound opportunity to go long. However, it is important to note that if the first golden cross signal is not followed up promptly, do not chase the high. Instead, wait until the indicator forms a golden cross again before building a position, which can significantly reduce the risk of chasing a high and getting caught.
Discipline in trading operations after entering the market is crucial: strictly implement trailing stop-loss to protect the principal first, then consider locking in profits. Once a clear volume spike and pin pattern appear, exit immediately to take profits—do not be greedy for a larger increase. Controlling risk always comes first.