12.3 Ethereum 3666 Short Trigger
Hello everyone, I am your deeply deeply deeply Autumn Brother. This morning at around 8 o'clock, I timely reminded everyone to pay attention to the risks of pullbacks and informed that you can place a short order at 3666 to precisely break the bullish trading dream!
Earlier articles have repeatedly mentioned the risks of certain altcoins inducing a bullish trend and the probability of a significant pullback in Bitcoin and Ethereum. Essentially, in a bull market, what is referred to as a pullback is often to eliminate high leverage and wash out those who do not understand anything.
So, after our short position at 3666 is successfully triggered, at what price should we take profit? Generally, after an order is triggered, depending on the situation, you can change the stop-loss or set a break-even point according to the trend at any time.
For those who are accustomed to shorting, do not easily test the tops of altcoins, because the current situation is that many altcoins are sucking the blood of Bitcoin and Ethereum. Although the short army marches with no grass growing, if you short the wrong target, you can easily be caught in a squeeze.
Due to the leverage chosen for our order being 50 times, we are still targeting around 3500. The first target can be set at 3585, and the second target is the 3555 area.
Alright, this concludes the short-term analysis of Ethereum. If you want to see an analysis of which coin next, please leave a comment and like ➕ follow to avoid missing the latest updates. #ETH🔥🔥🔥🔥