Public my ETH long position:


Average price $2303.78
Take profit $2364
Stop loss $2284

Why this level?
The 15-minute moving averages are densely packed, placing a relatively low order, so catching it here can also yield a bit more.

Why set the take profit at $2364?
The previous significant moving average converges above, with heavy resistance ahead.
Not taking profit before resistance, waiting to chase after it’s broken, and you’ll be the one caught in the trap.

Why is the stop loss so tight?
R/R 1:3, if the logic breaks the line, just run — risking a $40 loss to aim for a $120 profit.

I’m not calling for a big rally, just calculating the position clearly.

$ETH
#Gate广场五月交易分享
ETH0.32%
View Original
post-image
post-image
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
RiceFlowerFungus
· 10h ago
Just charge forward 👊
View OriginalReply0
  • Pin