1. If you shorted around 3300, you can hold through the pullback to break even, with the support at 3308.
2. If it breaks through 3308, chase the long position with support at 3280.
3. For those wanting to go long, wait for the market to pull back to around 3230 before considering, with support at 3200.
4. If the market rises above 3308, you can add to long positions near 3270, with support at 3240.
5. If the market surges to around 3420, short at that level, with support at 3450.
6. If the market drops below 3200 on the 15-minute chart, short at that level, with support at 3230.
Use a light position with a 30-point support level, set stop-loss at 30-50 points. For those with a broader view, reduce holdings or use trailing stops.
Personal advice: keep position size around 3% of your total (in USDT, not ETH), and do not exceed 5% when opening a position.
Note: Investment involves risks; please trade cautiously. The above strategies are personal opinions only and do not constitute investment advice. Profit and loss are your own responsibility.
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July 1st Double Bullish Pattern,
Short-term Strategy
1. If you shorted around 3300, you can hold through the pullback to break even, with the support at 3308.
2. If it breaks through 3308, chase the long position with support at 3280.
3. For those wanting to go long, wait for the market to pull back to around 3230 before considering, with support at 3200.
4. If the market rises above 3308, you can add to long positions near 3270, with support at 3240.
5. If the market surges to around 3420, short at that level, with support at 3450.
6. If the market drops below 3200 on the 15-minute chart, short at that level, with support at 3230.
Use a light position with a 30-point support level, set stop-loss at 30-50 points. For those with a broader view, reduce holdings or use trailing stops.
Personal advice: keep position size around 3% of your total (in USDT, not ETH), and do not exceed 5% when opening a position.
Note: Investment involves risks; please trade cautiously. The above strategies are personal opinions only and do not constitute investment advice. Profit and loss are your own responsibility.