Hello everyone! 👋 I need the collective wisdom of this amazing community.
I am in a bit of a complicated situation with this ETHUSDT trade and, honestly, I am not sure what the best next step is! As you can see in the image, my current PNL is not ideal and I am looking for different perspectives to decide what to do.
Here is a quick summary of my position:
• Pair: ETHUSDT
• PNL (USDT): -33.91
• ROI: -19.90%
• Size (USDT): 511.18
• Margin (USDT): 170.42
• Entry Price: 4,468.00
• Mark Price: 4,190.00
• Liquidation Price: 2,982.86
My TP/SL is at 5,000.00 / 4,000.00.
The 15m chart shows a bearish trend and has me a bit nervous.
Does any of you have experience with similar situations? Do you think I should hold the position, close it, adjust the SL, or is there some other strategy I am not seeing?
Any opinion, technical analysis, or even words of encouragement would be greatly appreciated! I am open to all suggestions.
Thank you in advance for your help!
I am in a bit of a complicated situation with this ETHUSDT trade and, honestly, I am not sure what the best next step is! As you can see in the image, my current PNL is not ideal and I am looking for different perspectives to decide what to do.
Here is a quick summary of my position:
• Pair: ETHUSDT
• PNL (USDT): -33.91
• ROI: -19.90%
• Size (USDT): 511.18
• Margin (USDT): 170.42
• Entry Price: 4,468.00
• Mark Price: 4,190.00
• Liquidation Price: 2,982.86
My TP/SL is at 5,000.00 / 4,000.00.
The 15m chart shows a bearish trend and has me a bit nervous.
Does any of you have experience with similar situations? Do you think I should hold the position, close it, adjust the SL, or is there some other strategy I am not seeing?
Any opinion, technical analysis, or even words of encouragement would be greatly appreciated! I am open to all suggestions.
Thank you in advance for your help!