$ETH Last night’s short position at 2160, with the market reaching as high as 2199, just 5 points away from our stop loss—an intense moment, but we didn’t get stopped out. Then it started to pull back, dropping to around 2106$ETH
Currently, 50 points of profit has been pocketed, so we’re reducing our position and moving the stop loss to break-even. The remaining orders will be held, with targets at 2090-2070. After reaching this level, the plan is to reverse and enter long positions in batches. The long stop loss is set at 2042, with an initial target of 2155 for partial profit-taking. The remaining position will aim for 2180-2228.
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$ETH Last night’s short position at 2160, with the market reaching as high as 2199, just 5 points away from our stop loss—an intense moment, but we didn’t get stopped out. Then it started to pull back, dropping to around 2106$ETH
Currently, 50 points of profit has been pocketed, so we’re reducing our position and moving the stop loss to break-even. The remaining orders will be held, with targets at 2090-2070.
After reaching this level, the plan is to reverse and enter long positions in batches. The long stop loss is set at 2042, with an initial target of 2155 for partial profit-taking. The remaining position will aim for 2180-2228.