ETH long position profit 600 points—take-profit and cash out 💰
We just captured the largest upward move in history. So why did we take profit on this long position that’s been held for 12 days at this moment⁉️ Where can you try short positions?
Our 1858 long position was held for 12 days and cashed out 600 points yesterday. Everyone knows that I usually start taking profit at the end of the trend, then trade based on volatility. So this tells us that the ETH chart at this time has already shown clear signs of weakening.
On the chart, ETH has formed a sell-pressure zone at 2476–2496.
If it can’t break through afterward, then a subsequent pullback move is likely.
We just captured the largest upward move in history. So why did we take profit on this long position that’s been held for 12 days at this moment⁉️ Where can you try short positions?
Our 1858 long position was held for 12 days and cashed out 600 points yesterday. Everyone knows that I usually start taking profit at the end of the trend, then trade based on volatility. So this tells us that the ETH chart at this time has already shown clear signs of weakening.
On the chart, ETH has formed a sell-pressure zone at 2476–2496.
If it can’t break through afterward, then a subsequent pullback move is likely.
