$ETH 1H level support and resistance overview, currently operating in an upward wedge turning into a channel. There is a 4H downtrend line above, a pressure level at 2105, and triple resistance resonance in the hourly Vegas channel. For hourly and above long positions, focus on the support levels 1-2-3 for phased building of positions. In the short term, short positions can again be established with support at the 2105 pressure level.
🚨 Three good habits for short-term position management: When unsure whether to take profits, directly close half of the position and keep the rest to break even—this is always correct; after some floating profit, habitually set a breakeven stop or move the stop-loss—this is the baseline, do not mistake it for floating loss; take-profit targets are always just a plan, do not be overly obsessed with closing at the target. 🚨 Recommended position management ratios for staggered entries: Second position entry ratio: 3:7 or 2:8 Third position entry ratio: 2:3:5 Fourth position entry ratio: 1:2:3:4 🚨 Do not place orders with round numbers
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$ETH 1H level support and resistance overview, currently operating in an upward wedge turning into a channel. There is a 4H downtrend line above, a pressure level at 2105, and triple resistance resonance in the hourly Vegas channel. For hourly and above long positions, focus on the support levels 1-2-3 for phased building of positions. In the short term, short positions can again be established with support at the 2105 pressure level.
🚨 Three good habits for short-term position management:
When unsure whether to take profits, directly close half of the position and keep the rest to break even—this is always correct; after some floating profit, habitually set a breakeven stop or move the stop-loss—this is the baseline, do not mistake it for floating loss; take-profit targets are always just a plan, do not be overly obsessed with closing at the target.
🚨 Recommended position management ratios for staggered entries:
Second position entry ratio: 3:7 or 2:8
Third position entry ratio: 2:3:5
Fourth position entry ratio: 1:2:3:4
🚨 Do not place orders with round numbers