ETH - scalp from the local resistance level!
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Opened a scalp trade on ETH for 10% of the deposit.
Technical: on yesterday's rally, the price of the asset again tested a strong local resistance level (red line), but the level is still not broken and we can see a slight rebound, which may cause a decline to the previous support levels of $1820-1770.
deal plan:
Entrance - 1920/1950 $
Stop - 2028$
Take - 1820/1770$
Guys, the scalp is quite risky, because the price of bitcoin is again tightening the triangle by 2H (yesterday's chart) and we will probably see a takeaway towards the high of $31,455 again. So I advise you to enter a trade with a short stop-loss and a small leverage of 3-5X.
P.S: Most importantly, don't forget to move your stops to breakeven or plus, even if you made a small profit from the trade.
Opened a scalp trade on ETH for 10% of the deposit.
Technical: on yesterday's rally, the price of the asset again tested a strong local resistance level (red line), but the level is still not broken and we can see a slight rebound, which may cause a decline to the previous support levels of $1820-1770.
deal plan:
Entrance - 1920/1950 $
Stop - 2028$
Take - 1820/1770$
Guys, the scalp is quite risky, because the price of bitcoin is again tightening the triangle by 2H (yesterday's chart) and we will probably see a takeaway towards the high of $31,455 again. So I advise you to enter a trade with a short stop-loss and a small leverage of 3-5X.
P.S: Most importantly, don't forget to move your stops to breakeven or plus, even if you made a small profit from the trade.
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