Let the chart do the talking | A trader shorted $32.72 million worth of ETH last night, and the rebound liquidated some of the position.
With the stop-loss set beyond the structure, there’s no need to panic, no matter how noisy the news gets. Next, watch two things: whether volume can keep up, and whether buyers step in on a pullback.
Bad news isn’t that scary. What’s scary is using high leverage to ride it out when it fails to gain traction.
$ETH .
With the stop-loss set beyond the structure, there’s no need to panic, no matter how noisy the news gets. Next, watch two things: whether volume can keep up, and whether buyers step in on a pullback.
Bad news isn’t that scary. What’s scary is using high leverage to ride it out when it fails to gain traction.
$ETH .