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Like many cryptocurrencies, Ethereum is in a downward trend with no signs of ending in the long term. However, in the short-term time frame (hourly), we can find an opportunity to buy to the trend line area and then look for the sell zone.
Observe the money management and the stop loss.
Like many cryptocurrencies, Ethereum is in a downward trend with no signs of ending in the long term. However, in the short-term time frame (hourly), we can find an opportunity to buy to the trend line area and then look for the sell zone.
Observe the money management and the stop loss.
Trade closed: stop reached:
You can get sell it.
Trade closed: target reached:
If you have the sell position mentioned in the previous update, you can take profit and close the position or manage it. So I think the price will correct, go up, and then come down.