Can't go down now, there needs to be a Rebound, otherwise there will be a gap when the market opens on Monday.
The short position has been hedged, so you shouldn't chase the short at this position now.
The overall trend is bullish without any issues. It's just that I don't know to what level Bitcoin will pull back. Once Bitcoin pulls back to the right level, I will go long.
I will first open a long position to test the waters:
I plan to set a stop loss at 2450 for Ethereum and see if it can rebound to 2700 again.
This order is a trial run, proceed cautiously #ETH#
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Can't go down now, there needs to be a Rebound, otherwise there will be a gap when the market opens on Monday.
The short position has been hedged, so you shouldn't chase the short at this position now.
The overall trend is bullish without any issues. It's just that I don't know to what level Bitcoin will pull back. Once Bitcoin pulls back to the right level, I will go long.
I will first open a long position to test the waters:
I plan to set a stop loss at 2450 for Ethereum and see if it can rebound to 2700 again.
This order is a trial run, proceed cautiously #ETH#