ETH target 1750 above

28 Şub 2023

Looking back at the market, after Ethereum tested the 1560 support on the weekend, confirming that the support was effective and quickly rebounded, it is now stabilized above 1600. As we mentioned previously, each round of decline is for a better rising, so we laid out long positions between 1560-1580, and now the profits are quite good.

However, from the current market, there is a lack of upward momentum, and the market needs to be adjusted again before a new round of attack can be launched. Therefore, friends with smaller capital can take profits at 1650 first and wait for the market to give them another chance to enter the long positions, so that they can better magnify the profit space.

The first target of the long-term layout is 1700, the second is the previous high point 1750, and the stop-loss point pays attention to the breaking of 1560. If the market falls to 1580-1600, it can enter the layout again. In the short term, we look at the adjustment of the market, and in the long term, there is only one direction, that is, bullish.

Once again remind, although the long-term layout has a fairly good profit, but at the same time it needs a large amount of capital and a good investment mentality, short-term volatility adjustments should not be too concerned, we only pay attention to whether there has been a change in the overall direction, and at the same time I will continue to update my views on the plate, give the most secure strategy, thank you friends for their attention and likes, if you have any questions, please leave me a message.

1 Mar 2023

İşlem aktif

For those engaging in short-term trading, it is recommended to reduce positions around 1650. For those with a long-term investment strategy, it is advised to continue holding positions and look to increase profits from long positions.

1 Mar 2023

İşlem aktif

ETH has broken through the resistance level of 1650, and the market is expected to rise further. Our long positions are generating greater profits, and our next target is to focus on 1700.