Tong Ge ETH Public Thoughts



Bitcoin adjustment, altcoins dropping along, many members are starting to panic, thinking the market is about to collapse?
Stay calm! This is just a normal pullback after a sharp rise, not a trend reversal!

$ETH The market looks very clear:
Price has been falling from the high of 2422.52, dropping to a low of 2311.48, now fluctuating around 2319.
MACD bearish momentum continues to grow, Bollinger Bands opening downward, short-term is indeed a consolidation of the decline, but the daily bullish structure remains intact, with strong support just ahead. The pullback is an opportunity for long positions to re-enter at lower prices!

Don’t cut losses at the end of the decline, and don’t chase longs during the rebound. Following the rhythm, precisely entering at support levels is the most stable way to profit!
Tong Ge’s Long Entry Strategy
Entry: Rebound and stabilize around 2290–2310 to go long
Stop loss: 2270
First target: 2335–2345
Second target: 2360–2380
ETH-1.33%
View Original
post-image
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
Add a comment
Add a comment
No comments
  • Pin