Currently, based on the moving average indicator, we haven't even managed to stop the decline on the 15-minute cycle. Therefore, if you go long, you must cut losses in time. We are taking long positions because, based on past experience, the volume and the length of the wick of that big pin last night might signal the end of this downward phase, which is why we went long. Keep your position small, controlled within 100 to 150. If you're unsure about how to safely catch the pin, ask me in the live room. I will explain again via voice. The stop-loss set in the strategy is to protect against unexpected liquidation when catching the pin. Once a bottom pattern signal appears after entering the position, we immediately move the stop-loss up. Especially at the first position, which is close to liquidation, it might just be a short-term fluctuation, and we should continue to look for the 30 level. So, after a rebound and some profit, take most of the profit and wait to catch the second position, leaving a small core position. If we can't reach the second position, the first one can still make some money. $ETH
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YouyouOracle
· 49m ago
The price has bounced up. Push the stop-loss to 2325. Now, quickly reduce your position to limit potential losses.
Currently, based on the moving average indicator, we haven't even managed to stop the decline on the 15-minute cycle. Therefore, if you go long, you must cut losses in time. We are taking long positions because, based on past experience, the volume and the length of the wick of that big pin last night might signal the end of this downward phase, which is why we went long. Keep your position small, controlled within 100 to 150. If you're unsure about how to safely catch the pin, ask me in the live room. I will explain again via voice. The stop-loss set in the strategy is to protect against unexpected liquidation when catching the pin. Once a bottom pattern signal appears after entering the position, we immediately move the stop-loss up. Especially at the first position, which is close to liquidation, it might just be a short-term fluctuation, and we should continue to look for the 30 level. So, after a rebound and some profit, take most of the profit and wait to catch the second position, leaving a small core position. If we can't reach the second position, the first one can still make some money. $ETH