ETH - Opened a scalp trade to exit the channel!
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Opened ETH scalp for 10% of the deposit with a short stop-loss.
One of the on-chain indicators shows that the market maker has set strong resistance in the form of walls of orders in the current range. BUT! Bitcoin is still being held as it looks like we're on the verge of a $30,400 bounce again, so I suggest using as short a stop loss as possible and a small leverage of 2-3X on this trade.
Deal plan:
▪️Entrance - $1895
▪️Stop - $1950
▪️Take - $1825
It is very interesting how the market maker will act. ETH seems to be preparing a DUMP, and the bitcoin chart looks again at a rebound upwards. Maybe they just want to confuse and confuse us?
P.S: guys, I opened this deal with minimal risks, if you doubt whether you should enter or not, then it’s better to watch from the outside. It’s not entirely clear what will happen at the opening of next week, but my main plan is SHORT BTC 31250
Opened ETH scalp for 10% of the deposit with a short stop-loss.
One of the on-chain indicators shows that the market maker has set strong resistance in the form of walls of orders in the current range. BUT! Bitcoin is still being held as it looks like we're on the verge of a $30,400 bounce again, so I suggest using as short a stop loss as possible and a small leverage of 2-3X on this trade.
Deal plan:
▪️Entrance - $1895
▪️Stop - $1950
▪️Take - $1825
It is very interesting how the market maker will act. ETH seems to be preparing a DUMP, and the bitcoin chart looks again at a rebound upwards. Maybe they just want to confuse and confuse us?
P.S: guys, I opened this deal with minimal risks, if you doubt whether you should enter or not, then it’s better to watch from the outside. It’s not entirely clear what will happen at the opening of next week, but my main plan is SHORT BTC 31250
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