March 19 Er Bing Morning Strategy



24-hour decline of approximately -5.8%, breaking below the 2200 level. Whale selling pressure emerging combined with rising US Treasury yields, tightening liquidity expectations intensifying, crypto overall under pressure.

Daily Chart: High volume closing bearish, dark cloud cover + consecutive bearish candles, weak rebound, heavy volume decline, bears in control.

Trading Recommendations:
Entry: Short on resistance in the 2220-2240 zone (weak rebound, heavy volume with lackluster gains)
Stop Loss: Above 2260 (breakthrough invalidates bearish setup)
Targets: 2150—2120—2100 (take profits in stages)
Position Size: 3%-5% of total capital $ETH
ETH-5,77%
View Original
post-image
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin