Before you know it, it's the weekend again.
Just a few days ago, Qiang said to take profits in batches on long positions.
For Bitcoin, aggressive rebound near 78,000 is a good entry for a small position.
For Ether, scale out in batches between 2,150-2,200; we've already mentioned the resistance above.
Short positions are also being executed simultaneously.
Currently, it seems like Black Monday hasn't disappointed Qiang at all.
Ether has dropped again near 2,000, and Bitcoin is around 74,000.
Now, those stuck in long positions and brothers facing liquidation are starting to panic again.
For those looking to long over the weekend, here's my advice:
I think Ether might break below the 2,000 mark.
If it dips back to 1,980-1,960, you could try entering with a light position, aiming for 2,050-2,080.
For Bitcoin, I recommend entering in the 73,500-73,000 range on a dip, and scale out on the rebound at 75,000-76,000.
‼️ Make sure to manage your position size well!
Wishing everyone a pleasant weekend.
Just a few days ago, Qiang said to take profits in batches on long positions.
For Bitcoin, aggressive rebound near 78,000 is a good entry for a small position.
For Ether, scale out in batches between 2,150-2,200; we've already mentioned the resistance above.
Short positions are also being executed simultaneously.
Currently, it seems like Black Monday hasn't disappointed Qiang at all.
Ether has dropped again near 2,000, and Bitcoin is around 74,000.
Now, those stuck in long positions and brothers facing liquidation are starting to panic again.
For those looking to long over the weekend, here's my advice:
I think Ether might break below the 2,000 mark.
If it dips back to 1,980-1,960, you could try entering with a light position, aiming for 2,050-2,080.
For Bitcoin, I recommend entering in the 73,500-73,000 range on a dip, and scale out on the rebound at 75,000-76,000.
‼️ Make sure to manage your position size well!
Wishing everyone a pleasant weekend.