Hi, just as simple as I could explain, we are in middle of retracement which has only one purpose, to make retail investors forget about the downtrend and start thinking that bull run resumed.
How I trade this:
- I entered long around 300 EUR
- Will Hold my ETH until 325+, then go full cash and wait for short opportunity.
- I expect few big spikes to lead around 325 even 330, but just to fill the orders of the shorters and big players.
Concerns:
- Retracement could end even faster if BTC cannot move above 10.4-10.5 in near 1-2 weeks.
How I trade this:
- I entered long around 300 EUR
- Will Hold my ETH until 325+, then go full cash and wait for short opportunity.
- I expect few big spikes to lead around 325 even 330, but just to fill the orders of the shorters and big players.
Concerns:
- Retracement could end even faster if BTC cannot move above 10.4-10.5 in near 1-2 weeks.
Сделка закрыта: достигнута тейк-профит цена:
Target reached!
Now we have to monitor how ETH is going to behave in these levels.
Now we have to monitor how ETH is going to behave in these levels.
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