ETH today's trend and strategy execution status reminder: →♥
Yesterday, ETH had a significant pullback on the daily chart, dropping over 300+ in a day. The position effect was not very good, with a rebound of 40+. After aligning with the U.S. stock market in the evening, it directly reached the strategic area of 2714--2728, with a low of 2717.1. The initial take profit can refer to the chart, or you can just raise the stop loss for take profit, or if you're quick, that can also work. For the next operations, short-term longs may not be planned anymore (because if it drops again, it is highly likely to break 2600). Waiting for a bit more of a rebound before planning to switch from long to short is advisable. If I see a suitable opportunity, I will send strategy alerts.
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ETH today's trend and strategy execution status reminder: →♥
Yesterday, ETH had a significant pullback on the daily chart, dropping over 300+ in a day. The position effect was not very good, with a rebound of 40+. After aligning with the U.S. stock market in the evening, it directly reached the strategic area of 2714--2728, with a low of 2717.1. The initial take profit can refer to the chart, or you can just raise the stop loss for take profit, or if you're quick, that can also work. For the next operations, short-term longs may not be planned anymore (because if it drops again, it is highly likely to break 2600). Waiting for a bit more of a rebound before planning to switch from long to short is advisable. If I see a suitable opportunity, I will send strategy alerts.