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.
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airdrop_whisperer
· 5h ago
Once the weekly green candle appeared, I changed my tune. I deleted all my previous bearish views, haha.
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BoredWatcher
· 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.
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LayerZeroEnjoyer
· 5h ago
People really believe in this kind of basic operation like weekly green candles? I'll just wait for a breakdown to talk.
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OnchainHolmes
· 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.
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MetaMasked
· 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.
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DegenWhisperer
· 6h ago
A single green candle indicating a reversal? I've seen enough fake rebounds, this time it's different, right?
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.