FirstEncounterWithETH

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FirstEncounterWithEthvip:
ETH166666
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Just hit the resistance level, you can open an initial position to start.
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Ethereum is now in a downtrend channel. Although it's currently above an ascending trendline, the rebound is weak and the current movement resembles the previous drop from 3300 to 3000. Only by breaking out of this downtrend channel and not breaking below the trendline can we look higher at short positions at 2160-2220, 2297-2314, and 2357-2388. You can take positions in batches using a pyramid approach. For longs, pay attention to 1920 for a bounce trade, but be sure to set a stop loss. If it breaks below the last ascending trendline and fails to retest above it, you must stop out.
ETH3,28%
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BTC rebounded from the trend line support, then reached the Fibonacci 0.382 resistance level before initiating another decline, approaching the adjustment support line. If this trend line support fails to hold, it will open up new downside space. For short positions, watch the price levels already marked. For long positions, pay attention to the 65 level. Once the smaller timeframe candle body breaks below the trend line, you must immediately stop loss—do not hold the position under any circumstances.
BTC2,77%
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GateUser-f7a5a354vip:
The quickest way to prove someone wrong
BTC is currently in a clear downtrend channel, and the current market action is highly similar to previous movement patterns, both representing a downtrend continuation formation. Price is currently positioned in the middle of this oscillation range, with direction facing a choice.
1. Upside breakout (potential bull trap): If price rallies upward, the primary target may be to test and liquidate liquidity above 76000 (i.e., stop-loss orders), followed by another reversal downward, continuing the trend within the downtrend channel.
2. Direct downside: If no effective rebound forms, price drops d
BTC2,77%
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# Translation
The same market movement offers different entry opportunities depending on your trading strategy. Whether it's the trendline most commonly used by beginners, the intuitive support and resistance levels, the seemingly sophisticated Fibonacci retracement, or the so-called "simplicity is elegance" naked candlesticks—they all provide a coordinate system for observing the market from a certain dimension. So what's the key point? What's the difference? What matters most for traders? The difference lies in: the "dimension" and "time scale" through which they observe the market. Trendlin
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