Regarding recent Ethereum market movements, I’ve summarized a few ideas for the evening:



**Bearish Ideas**
If a pin bar appears around 3214, consider a small short position. Set the stop-loss at 3254, so the upward risk remains relatively controlled.

**Bullish Ideas**
There’s a good opportunity to position around 3063. Place the stop-loss at 3033 for protection, and target levels at 3089, 3147, and 3214 in stages.

**Two Additional Ideas**

First, support below. Below 3013 is a clear support level. You can take a lighter position (3% of your capital, try with 100x leverage), with a stop-loss at 2974, and targets at 3047, 3089, and 3166.

Second, resistance above. 3184 is a resistance zone. It’s recommended to take a small 2% position to test short positions, which can also serve as an entry point for subsequent trades.

**Final Words of Advice**
Honestly, don’t go all-in at once. Test with small positions, set your stop-loss properly, wait for the right feel, and find a comfortable entry point. Year-end is approaching, so it’s better to play it safe.
ETH-1,8%
View Original
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)