ETHUSD ETHEREUM Long following TechNasdaq turns, crypto follows.
Eth,Solana and bitcoin ,also XRP temporarily changing their directions to follow tech hype, and Trump´s tariffs-announcments.
There is no rational reason in behind of it: As traders we never care,what people say or do! We only follow the price,changes,and our trading rules.Only! What others say in the news or Social media, doesnt care us as traders,because we have understood that only the market is right.If the market says,go long,we follow.If market says,Sell! Then we go short.
Also dealing with quick profit taking is essential. We see that our profit target showing us attractive and lucrative profit numbers, and we get emotional: But the market says:Take that little profit and Get out here! Or Come with me in my direction,otherwise I will take away your profits!
As traders we have no emotional, and zero tolerance for emotional issues,regarding trading!
Therefor we are flexible. We have only one goal: Making Money!
As much and as many as we can! sIMPLE1
4 approches,with short term,midterm,profit taking targets.
Also keep it mind that the green zones are no stop loss zones,but they represent areas where we can cover more longs.