ETC: Summary of the Lab-cryart community discussion (17:00:10 ~ 18:00:10)

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1. Current recommendation: Focus on the price performance of ETC in the current area, and wait for a divergence signal at the 30-minute level to confirm. There is no clear indication of long or short, which reflects a tentative intention to build positions. We emphasize the need to be wary of the risk of overextending the price or pulling back. 2. Position and Risk Management Recommendations: It is recommended to set price alerts in the current key area, adopt a light position trial or observation approach, and wait for a 30-minute divergence signal to appear before considering gradually increasing the position. No specific profit-taking or stop-loss price level is specified, and dynamic risk tracking is emphasized. 3. Suitable for trading styles: This strategy is suitable for aggressive short-term traders. It relies on the 30-minute divergence as a short-term signal catalyst, emphasizes alertness to rapid market reversals, and is suitable for quick in-and-out operations. It is not advisable to hold deep positions or linger in a position.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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