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China 🇨🇳 Time February 7th: 9:01 AM, ETH Strategy
The main trend is still bearish, go with the flow, do not go against the trend.
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Breakthrough resistance level: continue to rise to test the next resistance level
Break below support level: continue to fall to test the next support level
【Pin insertion to sweep liquidity, not considered a breakout or breakdown】
Recommended short positions: 2090———2110 (Breakout probability 38%)
First resistance level: 2180———2220 (Breakout probability 25%)
Second resistance level: 2450———2500 (Breakout probability 10%)
↕↔↕
First support level: 1990———2010 (Breakdown probability 53%)
Second support level: 1910———1940 (Breakdown probability 40%)
Third support level: 1850———1870 (Breakdown probability 25%)
#ETH