2026-10-16 #BTC #ETH Trading Strategy
🟢BTC: Go long on a pullback to 80800 (0.618 + gap), stop loss at 79800, take profit at 84400
🔴BTC: Place a small short position at 84400–85200; add to the position if the price falls back, stop loss at 85800
🟢ETH: Enter long in batches at 2388–2356, stop loss at 2320, take profit at 2585
Focus mainly on buying pullbacks, with shorting at resistance as a secondary strategy. Don’t chase rallies or sell into declines.
🟢BTC: Go long on a pullback to 80800 (0.618 + gap), stop loss at 79800, take profit at 84400
🔴BTC: Place a small short position at 84400–85200; add to the position if the price falls back, stop loss at 85800
🟢ETH: Enter long in batches at 2388–2356, stop loss at 2320, take profit at 2585
Focus mainly on buying pullbacks, with shorting at resistance as a secondary strategy. Don’t chase rallies or sell into declines.