20261106 Market Analysis
#BTC #ETH Yesterday, I thought the broader market was going to pull back and that we should keep going long. I didn’t expect it to crash outright and fall straight back to horizontal support. For now, horizontal support still looks limited, and it’s also the lower boundary of the channel. Buying here and taking a bullish position offers a very favorable risk-reward ratio, so I bought some. If horizontal support breaks, I can just cut my losses. For now, I’ll keep looking for opportunities to go long!
#BTC #ETH Yesterday, I thought the broader market was going to pull back and that we should keep going long. I didn’t expect it to crash outright and fall straight back to horizontal support. For now, horizontal support still looks limited, and it’s also the lower boundary of the channel. Buying here and taking a bullish position offers a very favorable risk-reward ratio, so I bought some. If horizontal support breaks, I can just cut my losses. For now, I’ll keep looking for opportunities to go long!
