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China 🇨🇳 Time: February 24th, 10:12 PM, ETH Strategy [Subscription chat room now open: One-on-one real-time Q&A]
The overall trend is still bearish; follow the trend.
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Breakthrough resistance level but can't go higher: continue upward to test the next resistance level.
Break support level but can't go lower: continue downward to test the next support level.
【Pinpointing to sweep liquidity. Not considered a breakout or breakdown】
Stop loss of 35 or 50 points (high volatility: enlarge stop loss)
Recommended short: 1891———1910 (20% chance of breakout)
First resistance: 1940———1960 (12% chance)
↕↔↕
First support: 1795———1805 (60% chance of breakdown)
Second support: 1730———1745 (35% chance)
#ETH