I was watching to see if the price was going to bounce off this line of support. In which it did which was exactly when i entered the trade. I am still watching at the bottom, there is an area of liquidity that I spotted on the 4 hour time frame in which the price may dip down into before itโs retracement to the upside.
I entered at the bounce, though, i setup a pretty generous stop loss as seen on the chart. I also set up a trailing stop loss once it passes this area of consolidation, and i put a โtake profitโ at an old support level (Now possible resistance). Though, I have faith etherium will once again achieve $4000 again.
I have yet to been wrong in any of my trades. I currently have a 100% success rate on these big trades, so letโs see how this goes
(YOU CAN STILL ENTER AND MAKE MONEY. SO CLOSE THIS IDEA, OPEN YOUR BROKERAGE, AND ENTER A TRADE)
And give me a follow if my ideas make sense to you๐