Always yelling about a catch-up rally! $ETH surged to 2520—didn’t that slap wake you up?
Every time Bitcoin makes the slightest move, a bunch of die-hard bulls pop up claiming ETH is about to fly
It touched 2497, just a couple bucks shy of 2500, then got slammed right back down, leaving a huge wick
A nearly 40-point candle wick in one hour—taking out the suckers who blindly piled in after hearing about a catch-up rally
Now the price has sheepishly slipped back to 2400, and the order ratio has turned red, dropping straight to -24%
2500 overhead is a heavy ceiling. Without a huge surge in volume, it won’t break through
Keep a hard stop on short-term longs at 2370. If it breaks below that key support, cut your losses
At resistance around 2475, try a small short; if it spikes to 2525, add in stages
Don’t use faith as an excuse for trading. If you don’t trade at key levels, sooner or later you’ll lose your shirt
Understand the big players’ shakeout tactics and stick to your plan—that’s how you come out on top
That BTC short from the highs last night nailed the profit target after the plunge. Follow along for today’s live trading strategy!!
Every time Bitcoin makes the slightest move, a bunch of die-hard bulls pop up claiming ETH is about to fly
It touched 2497, just a couple bucks shy of 2500, then got slammed right back down, leaving a huge wick
A nearly 40-point candle wick in one hour—taking out the suckers who blindly piled in after hearing about a catch-up rally
Now the price has sheepishly slipped back to 2400, and the order ratio has turned red, dropping straight to -24%
2500 overhead is a heavy ceiling. Without a huge surge in volume, it won’t break through
Keep a hard stop on short-term longs at 2370. If it breaks below that key support, cut your losses
At resistance around 2475, try a small short; if it spikes to 2525, add in stages
Don’t use faith as an excuse for trading. If you don’t trade at key levels, sooner or later you’ll lose your shirt
Understand the big players’ shakeout tactics and stick to your plan—that’s how you come out on top
That BTC short from the highs last night nailed the profit target after the plunge. Follow along for today’s live trading strategy!!