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China 🇨🇳 Time: February 4th, 21:27 ETH Strategy
The main trend is still bearish; go with the flow and avoid going against the trend.
Welcome to join my fan chat room. If you're not sure how to join, see the circled area in the diagram below.
Breakthrough resistance level: continue upward to test the next resistance level
Fail to hold support level: continue downward to test the next support level
【Pin insertion to sweep liquidity, not considered a breakout or breakdown】
Recommended short positions: 2270—2290 (35% chance of breakout)
First resistance level: 2460—2480 (18% chance of reaching)
Second resistance level: 2630—2700 (10% chance of reaching)
↕↔↕
First support level: 2170—2195 (70% chance of breaking down)
Second support level: 2100—2115 (65% chance of reaching)
Third support level: 2000 (55% chance of reaching)
#ETH