Bitcoin, Ethereum trading strategy
The market has now reached a clear phase, which is particularly easy to trade. Last night, I expected there wouldn't be much movement, so I didn't share any strategies with everyone.
From the 4-hour level, the market is currently in a downward phase, but there is volatility, so we should first look for resistance levels before entering.
Today's trading strategy: both long and short positions. Focus on short positions.
Conservative trading:
Bitcoin
Short: enter short around 103500. Stop loss at 104000. Target around 102500.
Long: enter long around 102500. Stop loss at 102000. Target around 103000.
Ethereum
Short: enter short around 2640. Stop loss at 2660. Target around 2550.
Long: enter long around 2550. Stop loss at 2530. Target around 2600.
