There's no such things call Support or Resistance
Updated
We have learned that they're supports and resistances in trading class 101. But I don't believe it.
I think those are simply the price zones that are most interested in by many traders.
But the most important thing is that people's thoughts change over time.
And I think I'm not gonna long in this recession period, it makes me feel like I'm killing myself.
Short ETH/USDT:
Entry: 1280 ~ 1320$
Stoploss: 1386.79$
TP1: 1000
TP2: 800
TP3: 700
We gonna have a red Christmas or another Halloween day in 2022. That sound scary
I think those are simply the price zones that are most interested in by many traders.
But the most important thing is that people's thoughts change over time.
And I think I'm not gonna long in this recession period, it makes me feel like I'm killing myself.
Short ETH/USDT:
Entry: 1280 ~ 1320$
Stoploss: 1386.79$
TP1: 1000
TP2: 800
TP3: 700
We gonna have a red Christmas or another Halloween day in 2022. That sound scary
Trade active
Almost forgot this trade is still active. But it took longer than I thought. Anyway, now is a good time to place stop-loss in profit.
Stop-loss: $1.256
TP still the same thing.
I gonna buy spot ETH if we reach TP3
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.