When in doubt, zoom out—this phrase couldn't be more applicable to the trend analysis of ETH.



The first weekly green candle I recently saw forming at a support level is enough to change my view. Once support is confirmed, bullish signals become clear. It's not complicated, and there's no need for over-analysis.

The real trading logic is actually very simple: identify key support, wait for a rebound confirmation, and then establish a long position in the second week. What happens afterward is up to the market to interpret. Many people like to overcomplicate things; in fact, the KISS principle (Keep It Simple, Stupid) is the secret to making money. Sometimes, the most straightforward technical signals are the most effective.
ETH0,47%
View Original
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
  • 6
  • Repost
  • Share
Comment
0/400
airdrop_whisperervip
· 5h ago
Once the weekly green candle appeared, I changed my tune. I deleted all my previous bearish views, haha.
View OriginalReply0
BoredWatchervip
· 5h ago
Are you confident in turning around just because the weekly green candle supports? I feel like I've seen many cases where it drops immediately after confirmation.
View OriginalReply0
LayerZeroEnjoyervip
· 5h ago
People really believe in this kind of basic operation like weekly green candles? I'll just wait for a breakdown to talk.
View OriginalReply0
OnchainHolmesvip
· 5h ago
Weekly support broken but not shattered, the bulls still have a chance. Let's wait and see if the second week rebounds or not.
View OriginalReply0
MetaMaskedvip
· 6h ago
As soon as this week's green candle appears, I know the show is about to start. Confirming the support level is the signal; simple and straightforward is the most profitable.
View OriginalReply0
DegenWhisperervip
· 6h ago
A single green candle indicating a reversal? I've seen enough fake rebounds, this time it's different, right?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)