Intraday Analysis



1️⃣ Current Market Status
The current rapid shakeout movements are quite frequent. Therefore, the opportunity to jump in is fleeting. Based on the overall trend, I still lean towards my initial trading plan.

2️⃣ Key Levels
1. Major Support: Support Zone 1 and Support Zone 3 are the primary support levels.
2. Major Resistance: Resistance Zone 2 and Resistance Zone 3 are the key failure points for resistance.
3. Bullish Failure Level: Break below Support Zone 1.
4. Bearish Failure Level: Break above Resistance Zone 1.

3️⃣ Daily Directional Strategy
Bearish Strategy
1. Conditions: Encounter resistance and fall back within Resistance Zone 2.
2. Entry: Light short position.
3. Stop Loss: Break above Resistance Zone 3.
4. Target: Support Zone 1.

Bullish Strategy
1. Conditions: Support is clearly established within Support Zone 1 with increasing volume.
2. Entry: Small long position.
3. Stop Loss: Support Zone 1.
4. Target: Resistance Zone 2.
ETH0,03%
View Original
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
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)