1. Market outlook for the morning of the 16th (recommendation 3%, 100x leverage, total position not exceeding 5%):
ETH long position: Buy near 3228 with a dip, stop loss at 3188, take profit at 3256-3306-3367
ETH short position: Short near 3367 with a dip, stop loss at 3397, take profit at 3340-3268-3199
Remarks:
1. Strong support below 3199, consider a 3-5% long position with stop loss at 3159, take profit at 3230-3289-3375
2. Resistance level below 3268, consider a 1-2% test long position, stop loss at 3238, take profit based on rebound strength
2. Do not hold heavy positions, test with light positions, set proper stop losses to avoid being trapped, find good opportunities to trade, otherwise, you won't have the face to go home for the New Year.
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.
1. Market outlook for the morning of the 16th (recommendation 3%, 100x leverage, total position not exceeding 5%):
ETH long position: Buy near 3228 with a dip, stop loss at 3188, take profit at 3256-3306-3367
ETH short position: Short near 3367 with a dip, stop loss at 3397, take profit at 3340-3268-3199
Remarks:
1. Strong support below 3199, consider a 3-5% long position with stop loss at 3159, take profit at 3230-3289-3375
2. Resistance level below 3268, consider a 1-2% test long position, stop loss at 3238, take profit based on rebound strength
2. Do not hold heavy positions, test with light positions, set proper stop losses to avoid being trapped, find good opportunities to trade, otherwise, you won't have the face to go home for the New Year.