20221003, ETHUSDT, Ethereum/ TetherUS, 4 hr
In brief:
1. The short-term pressure line was not crossed by the price.
2. Currently, there is a box. You may try a reverse strategy with a strict stop loss.
As a trend follower, this price/position:
a. Holding short position, set stop loss well
b. Try short-entry on the top of the box and set the stop loss.
c. Do not do the long-entry position
20220926, ETHUSDT, Ethereum/ TetherUS, 4 hr
In brief:
1. Hitting the short-term pressure line
2. Still in the downward trend, not a good position to do long.
- Yes, you may do long-entry with a good price this time; however, this is not a good idea in the long run.
Welcome to follow us and leave a comment : )
In brief:
1. The short-term pressure line was not crossed by the price.
2. Currently, there is a box. You may try a reverse strategy with a strict stop loss.
As a trend follower, this price/position:
a. Holding short position, set stop loss well
b. Try short-entry on the top of the box and set the stop loss.
c. Do not do the long-entry position
20220926, ETHUSDT, Ethereum/ TetherUS, 4 hr
In brief:
1. Hitting the short-term pressure line
2. Still in the downward trend, not a good position to do long.
- Yes, you may do long-entry with a good price this time; however, this is not a good idea in the long run.
Welcome to follow us and leave a comment : )
Welcome to follow us with FREE TRIAL
linktr.ee/alpha_a_io
linktr.ee/alpha_a_io
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Welcome to follow us with FREE TRIAL
linktr.ee/alpha_a_io
linktr.ee/alpha_a_io
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.