The current 15-minute trend of ETH is shown in the chart. After every sharp decline, there is a sharp rebound and consolidation. Those who opened short positions above 4200 can choose to take half profits when the price is below 4150, and set a breakeven stop for the remaining half. Move the stop-loss point down to 4150 at the 4100 point.
After reaching the first target of 4150,
💯 conservative traders should exit completely, securing profits 💯
❤️ aggressive traders should exit half ❤️, while setting a breakeven stop for the remaining half. This way, you are using profits to aim for the second and third target levels. If you lose, you will only lose that half of the profit; if you succeed, you will reach the second target.
After reaching the second target of 4100, the same operation is repeated, except for aggressive traders who will only raise the stop-loss point to 4150, instead of selling half.
Trading cryptocurrencies is about repeating simple things. Persistently using one method for a long time can lead to mastery, and trading can also be like any other industry, where practice makes perfect, allowing for quick and instinctive decision-making.
This year marks my seventeenth year of trading cryptocurrencies. I started with a capital of 10,000 and now support my family through trading! I can say that I have used about 80% of the methods and techniques in the market. If you want to treat trading as a second career to make a living, sometimes listening and observing more can reveal insights beyond your current understanding, potentially saving you five years of detours!
Follow me at @加密大师兄888 to keep up with the trend and become wealthy together! Bulls and bears coexist.
