China 🇨🇳 Time: February 5th, 12:44 PM, ETH Strategy
The overall trend remains 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. If the price breaks above the resistance level: continue upward to test the next resistance level. If the price breaks below the support level: continue downward to test the next support level. 【Pin insertion to sweep liquidity. Not considered a breakout or breakdown】 Recommended short positions: 2230———2260 (35% breakout probability)
First resistance level: 2320———2335 (25% chance of reaching)
Second resistance level: 2360———2390 (12% chance of reaching) ↕↔↕ First support level: 2070———2090 (50% chance of breaking below)
Second support level: 1990———2000 (30% chance of reaching)
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China 🇨🇳 Time: February 5th, 12:44 PM, ETH Strategy
The overall trend remains 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.
If the price breaks above the resistance level: continue upward to test the next resistance level.
If the price breaks below the support level: continue downward to test the next support level.
【Pin insertion to sweep liquidity. Not considered a breakout or breakdown】
Recommended short positions: 2230———2260 (35% breakout probability)
First resistance level: 2320———2335 (25% chance of reaching)
Second resistance level: 2360———2390 (12% chance of reaching)
↕↔↕
First support level: 2070———2090 (50% chance of breaking below)
Second support level: 1990———2000 (30% chance of reaching)
#ETH