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China 🇨🇳 Time: February 25th, 10:14 PM, ETH Strategy [Subscription Chatroom Now Open: One-on-One Real-Time Q&A]
The overall trend is still bearish; follow the trend.
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Breaks above resistance but cannot go higher: Continue upward to test the next resistance level.
Breaks below support but cannot go lower: Continue downward to test the next support level.
[Insert stop-loss to sweep liquidity. Not counted as a breakout or breakdown.]
35 or 50 points stop-loss (large volatility: widen stop-loss).
Recommended short: 1995—2010 (30% breakout probability)
First resistance: 2040—2060 (16% probability)
↕↔↕
First support: 1925—1940 (45% breakdown probability)
Second support: 1895—1910 (26% probability)
#ETH