BTC/ETH Today's Strategy and Levels
Yesterday, we strictly executed the strategy for BTC and ETH. At this moment, both can push for protection on the positions already taken, so today let’s look for new opportunities;
In the early hours, there was a sharp drop testing 59000, and after breaking 59800 without volume, it continued to drop. That’s a good signal. If you entered with spot in the last two days, hold tight! For contracts, just trial and error!
Right now, the market has two possible outcomes: either a violent rebound or a breakdown followed by another sharp drop. So, trying to long at this moment has a high risk-reward ratio!
BTC
Long
Entry Point: 60300
Position Size: 1-2%
Take Profit: 1000/2500/5000+ scale out and push for protection
Stop Loss: 59000 break, unable to recover quickly
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ETH
Long
Entry Point: 1575
Position Size: 1-2%
Take Profit: 30/80/300+ scale out and push for protection
Stop Loss: 1525 break, unable to recover quickly
----------------------------
Once you hit the first take profit zone, push for protection and don't set a stop loss; hold tight! Hold spot firmly, as what follows is either a breakdown with a big crash or a violent rebound moment! Quick as in 1-2 days, or if it doesn't break, next Monday there will definitely be a rebound;
So, trying to long with a stop loss at the break has a high risk-reward ratio right now. Prioritize re-entering on pullbacks to long!
-------------------------------
Profits and losses in the secondary market are your own responsibility!
Yesterday, we strictly executed the strategy for BTC and ETH. At this moment, both can push for protection on the positions already taken, so today let’s look for new opportunities;
In the early hours, there was a sharp drop testing 59000, and after breaking 59800 without volume, it continued to drop. That’s a good signal. If you entered with spot in the last two days, hold tight! For contracts, just trial and error!
Right now, the market has two possible outcomes: either a violent rebound or a breakdown followed by another sharp drop. So, trying to long at this moment has a high risk-reward ratio!
BTC
Long
Entry Point: 60300
Position Size: 1-2%
Take Profit: 1000/2500/5000+ scale out and push for protection
Stop Loss: 59000 break, unable to recover quickly
-------------------------------------
ETH
Long
Entry Point: 1575
Position Size: 1-2%
Take Profit: 30/80/300+ scale out and push for protection
Stop Loss: 1525 break, unable to recover quickly
----------------------------
Once you hit the first take profit zone, push for protection and don't set a stop loss; hold tight! Hold spot firmly, as what follows is either a breakdown with a big crash or a violent rebound moment! Quick as in 1-2 days, or if it doesn't break, next Monday there will definitely be a rebound;
So, trying to long with a stop loss at the break has a high risk-reward ratio right now. Prioritize re-entering on pullbacks to long!
-------------------------------
Profits and losses in the secondary market are your own responsibility!