The Bitcoin range of 62900-62500 given in the morning has been triggered during the session.



But later it broke below 62000, and this short-long position is handled with a planned stop-loss.

The Ethereum range of 1765-1750 has also already been triggered. After it broke below 1740, it is handled with a planned stop-loss as well.

That’s why every plan must include a stop-loss level. You can be wrong about the direction, but you can’t hold the wrong trade.

Now that Bitcoin has reclaimed 62500, for the short term we treat it as a slow recovery; support is at 60900 below.

Once Ethereum has reclaimed 1765, for the short term we first look at support at 1720 below.

This time, don’t add to the position, don’t hold the trade—wait for the next market structure to play out.

A stop loss is not the end; it leaves an opportunity to set sail again next time.
BTC0.13%
ETH0.05%
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mjjtjmmm
· 2h ago
Firmly HODL💎
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