Yesterday I watched this $ETH —it's been rising pretty sharply. I thought it would pull back around the prior high, so I opened a short position briefly. I placed my stop loss just a little above the previous high. I really didn’t expect it—this morning I just got stopped out. Honestly, don’t go against the trend. The rally is too aggressive. I figure even if there’s a bigger pullback, there will still be plenty of people who end up getting left behind and buying in.
Also, $ZEC —yesterday I opened a short as well. This morning I also got stopped out after taking the position. It’s almost breaking the new high.
I’m just puzzled: is there anything unusually major that’s driving the news? It’s moved too outrageously. I’m still thinking about opening a short. In a bit, I’m going to open a short position at the previous high 82000 on $BTC .
Also, $ZEC —yesterday I opened a short as well. This morning I also got stopped out after taking the position. It’s almost breaking the new high.
I’m just puzzled: is there anything unusually major that’s driving the news? It’s moved too outrageously. I’m still thinking about opening a short. In a bit, I’m going to open a short position at the previous high 82000 on $BTC .
