$ETH
ETH is going to fall back to 2155
and rise to 5300 in the future
Why do some people feel bullish
while others feel bearish about the same asset?
Who the hell is an idiot?
A couple of days ago, I posted about ETH’s future price movement
and explained in detail what might happen next
and why
Some people agreed with me
Some called me an idiot
The truth is, even when it comes to the same asset,
some people are bearish
while others are bullish
Why does that happen?
Aside from the idiots who know absolutely nothing and just shout whatever comes to mind,
other people,
whether they’re calling for a drop or a rally,
may both be right
So why is there such a big difference?
One important reason
is that they’re trading on different time frames
If your trading time frame is the daily chart or higher,
there’s nothing wrong with being bullish
If you trade intraday,
on time frames below one hour,
then being bearish is perfectly normal too
So there’s no right or wrong
Whether it’s a bull market or a bear market,
both longs and shorts can make money
The most dangerous people are those who don’t even know what their own trading time frame is
and just blindly follow whatever they hear or see
If they guess right, they think they’re geniuses
If they guess wrong, they’re idiots
They’ll most likely end up as exit liquidity
Here are today’s intraday ETH long and short trade suggestions:
ETH is still moving sideways for now
Selling near the highs and buying near the lows should be fine
Long trade suggestion:
Go long at 2668
Add to the position in batches around 2650
Set stop-loss at 2631
Suggested take-profit levels: 2683-2705-2727-2749-2771
Short trade suggestion:
Go short at 2756
Add to the position in batches around 2775
Set stop-loss at 2795
Suggested take-profit levels: 2737-2716-2697-2676-2655
Trade management suggestions:
Don’t get greedy
Once the first take-profit level is hit, reduce your position by at least 50%
Then set your stop-loss at breakeven
If things don’t look right, exit immediately
Sideways markets don’t follow much of a pattern
Take what you can get
#以太坊q3涨70%流动性下降
ETH is going to fall back to 2155
and rise to 5300 in the future
Why do some people feel bullish
while others feel bearish about the same asset?
Who the hell is an idiot?
A couple of days ago, I posted about ETH’s future price movement
and explained in detail what might happen next
and why
Some people agreed with me
Some called me an idiot
The truth is, even when it comes to the same asset,
some people are bearish
while others are bullish
Why does that happen?
Aside from the idiots who know absolutely nothing and just shout whatever comes to mind,
other people,
whether they’re calling for a drop or a rally,
may both be right
So why is there such a big difference?
One important reason
is that they’re trading on different time frames
If your trading time frame is the daily chart or higher,
there’s nothing wrong with being bullish
If you trade intraday,
on time frames below one hour,
then being bearish is perfectly normal too
So there’s no right or wrong
Whether it’s a bull market or a bear market,
both longs and shorts can make money
The most dangerous people are those who don’t even know what their own trading time frame is
and just blindly follow whatever they hear or see
If they guess right, they think they’re geniuses
If they guess wrong, they’re idiots
They’ll most likely end up as exit liquidity
Here are today’s intraday ETH long and short trade suggestions:
ETH is still moving sideways for now
Selling near the highs and buying near the lows should be fine
Long trade suggestion:
Go long at 2668
Add to the position in batches around 2650
Set stop-loss at 2631
Suggested take-profit levels: 2683-2705-2727-2749-2771
Short trade suggestion:
Go short at 2756
Add to the position in batches around 2775
Set stop-loss at 2795
Suggested take-profit levels: 2737-2716-2697-2676-2655
Trade management suggestions:
Don’t get greedy
Once the first take-profit level is hit, reduce your position by at least 50%
Then set your stop-loss at breakeven
If things don’t look right, exit immediately
Sideways markets don’t follow much of a pattern
Take what you can get
#以太坊q3涨70%流动性下降
