#ETH , successfully captured, review, review.
It’s still the same, for every trade, think clearly about the reasons for entering the market, why we succeeded.
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Yesterday's trade, the initial thought was that the MACD had a potential death cross.
ETH had a small upward trend, breaking away from the moving average fast line, potential pullback.
But I did not enter during the first segment, never enter during a strong upward or downward trend.
In the afternoon, the first segment adjusted.
But at this time, it was still within the 30-minute window we initially determined, valid support at the 20 line.
The entire afternoon, it was actually hard to read the bullish or bearish trend. Just based on experience, the longer the central area lasts, the greater the possibility of movement.
So, I shifted my focus to BTC.
BTC's sideways movement is different from ETH. BTC is in a slow decline.
This indicates that the bearish forces in the market are still slightly stronger than the bullish forces, and the reasons for being bearish on ETH are also greater.
Based on the original idea, I entered when the 20 line had a death cross.
Set a stop loss at the 60 line to protect my capital.
I took this wave of decline. There are many details not mentioned.
Overall, in trading, believe in your thought process, believe in what you see, do not trust the chaotic thoughts in your mind.
Be meticulous, think about the exit strategy before entering. Think about your dreams.
