This morning I took my brothers to go long on Ethereum around 2680
Two reasons for entering: First, because Brother Sen monitored that large players have been aggressively buying to support around the 2660-2680 line. Secondly, there are clear signs of stabilization on the hourly chart, and volume is starting to increase, so Brother Sen decisively entered a long position. This way, our win rate will be higher!
I personally chose to take profits around 2715, only because the short-term pressure around 2730 has reached the strongest resistance level on the daily chart and started to sell off.
But the most important part is here! The intraday trading strategy is still to primarily go long on pullbacks. I exited to find a more suitable position for a swing trade.
I am not going short because I don’t want to go against the trend; the risk would be relatively high [Personally still bullish].
This is for the brothers who followed Brother Sen a few days ago; I don't know how many of you followed the ETH bottom fishing I did the day before. I shared real-time trades.
I will continue to look for suitable positions to enter!
I don’t want to become a towering tree; I just want to be your safe harbor 💖
