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$ETH March 21 Short-term Trading Recommendations
ETH: Aggressive long @2142, stop loss if breaks below 2130 and bounces, conservative long near 2121-2106 for short-term long, stop loss if breaks below 2080 and bounces, take profit amount is up to you.
ETH: Aggressive short near 2162-2175, stop loss if breaks above 2180 and pulls back, conservative short near 2208-2230 for short-term short, stop loss if breaks above 2250 and pulls back, take profit amount is up to you.
If there is a price difference between platforms, use 2-3 USDT spreads to catch the spread.
Note: The breakouts and breaks mentioned refer to K-line candle bodies, not price action breakouts or breaks.
Use the two entry points provided by the streamer with light positions in tranches. For short-term positions using 100x leverage as an example, once the position reaches 50% profit, reduce position size to move stop loss to breakeven.
The above strategy is for personal reference only and does not constitute investment advice.
Prohibited: 🚫 Heavy positions and holding against the market!!