Brothers, $ETH this wave of short liquidations accounts for more than 80%, a classic short squeeze!
Now the moving averages are in a bullish alignment, the trend is clearly upward, do not go short against the trend.
The main target above is 2800, and after a breakout look for 2900-3000.
In terms of operation, buy lightly on a pullback to 2720 after stabilization, with a stop loss below 2620;
After a breakout above 2806 and a confirmed pullback, chase longs, with a stop loss around 2750.
Keep the risk of a single trade within 2%, do not go all in with a heavy position.
Remember: the trend is your friend, and pullbacks are gifts.
Execute when the time comes, take profits in batches when profitable, strictly stop loss when losing, and do not add to positions to average down.$ZETA $FORM
Now the moving averages are in a bullish alignment, the trend is clearly upward, do not go short against the trend.
The main target above is 2800, and after a breakout look for 2900-3000.
In terms of operation, buy lightly on a pullback to 2720 after stabilization, with a stop loss below 2620;
After a breakout above 2806 and a confirmed pullback, chase longs, with a stop loss around 2750.
Keep the risk of a single trade within 2%, do not go all in with a heavy position.
Remember: the trend is your friend, and pullbacks are gifts.
Execute when the time comes, take profits in batches when profitable, strictly stop loss when losing, and do not add to positions to average down.$ZETA $FORM
