#CreatorPad Today I closed the long position on ETH that I opened at the weekly support level S1. The trade initially went into a drawdown, but thanks to risk management and patience, I managed to come out ahead. I used the RSI, MACD, and volume indicators. There was a clear overbought situation on the hourly timeframe, which helped me to lock in profits on time. After that, I moved to a watch position on BTC, as I see pressure on the price despite the rise — this could be a trap for bulls. Strategy: I am waiting for confirmation on the 4H or daily chart. I trade with a cool head; FOMO no longer influences my decision.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.