I didn't dare open a short position yesterday. While my long strategy was sound, I missed out on a rally. The market was indeed quite risky at the time. If it broke below support, a large bearish candlestick pattern would likely have formed. Market opportunities are always there, so there's no need to rush. Trading should be cautious. Okay, enough talk, let's get straight to the action. Follow me for daily updates on BTC and ETH entry strategies.
Today's main strategy is to go long at low levels. You may not get caught, but place an order:
$BTC Bitcoin: Long around 110,500, stop-loss at 108,500, take-profit around 115,000, and then around 120,000 if it stabilizes.
$ETH Ethereum: Long around 4460, stop-loss below 4350, take-profit around 4660, and then around 4800 if it stabilizes.
It will probably take a few days for Ethereum to enter the market. Other positions aren't ideal right now, so I'll adjust based on market trends tomorrow. If you have any questions, please leave a message in the comment area #BTC #ETH