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$ETH March 24 Short-term Trading Suggestions
ETH: Long positions near 2101-2089, go long on rebounds, stop loss below 2050, take profit amount is up to you.
ETH: Aggressive short positions near 2158-2166, conservative short near 2219, stop loss if breaks above 2200 and retraces, take profit amount is up to you.
Use price differences between platforms, buy the dips and sell the rallies with 2-3 USD spreads.
Note: The breakouts and breakdowns I refer to are based on K-line candle bodies, not price action breakouts or breakdowns.
For the two price levels given by the host, use light positions and scale in with limit orders. For short-term trades using 100x leverage as an example, when positions are profitable 50%, reduce positions to move stop loss to breakeven.
The above strategy is only personal opinion and not investment advice.
Prohibited: 🚫 Heavy positions and holding losses! !