ETH is about to get a bearish correction in the short term
I think, ETH will make a pause in the bullish run in the short term. In the long term, I think the aim is still around 260 (see below).
The pause in the bullish run may be a scalping opportunity.
Enter (short): 250-250.5
Exit1: 248.75
Exit2: 247.5
Exit3: 247.1
General rules in my trades (scalping/ intraday trading):
-Exit1 and Exit2 is recommended generally, Exit3 is for risk lovers only.
-If not otherwise specified, I would recommend a stoploss at the price of around 2% change at the unwanted direction. Although, I must say that the stoplosses are very individual and you need to decide it for yourself depending on how much you cope with "pain and pleasure" in trading.
- I would not recommend a high leverage trading.
- SCALPING IS A HIGHLY VOLATILE/DYNAMIC GAME, because of that please follow my updates, that I try to publish when necessary.
The pause in the bullish run may be a scalping opportunity.
Enter (short): 250-250.5
Exit1: 248.75
Exit2: 247.5
Exit3: 247.1
General rules in my trades (scalping/ intraday trading):
-Exit1 and Exit2 is recommended generally, Exit3 is for risk lovers only.
-If not otherwise specified, I would recommend a stoploss at the price of around 2% change at the unwanted direction. Although, I must say that the stoplosses are very individual and you need to decide it for yourself depending on how much you cope with "pain and pleasure" in trading.
- I would not recommend a high leverage trading.
- SCALPING IS A HIGHLY VOLATILE/DYNAMIC GAME, because of that please follow my updates, that I try to publish when necessary.
Comment:
All targets have been reached
Trade closed: target reached
