Let's take a look at ETH on the Daily TF.
It's at a crucial point right now and I believe the strength or weakness it shows in the next 2 days will determine the direction the market will go. The MacD is looking Bearish. If it breaks below the white line we can see it head towards the red line for the next support. This also can be a great time to enter a long but with a tight stop-loss. It's always best to long at support and short at resistance with tight stops.
Don't trade with what you're not willing to lose.
Love it or hate it, hit that thumbs up and comment. It'll be greatly appreciated!
This is not financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins
It's at a crucial point right now and I believe the strength or weakness it shows in the next 2 days will determine the direction the market will go. The MacD is looking Bearish. If it breaks below the white line we can see it head towards the red line for the next support. This also can be a great time to enter a long but with a tight stop-loss. It's always best to long at support and short at resistance with tight stops.
Don't trade with what you're not willing to lose.
Love it or hate it, hit that thumbs up and comment. It'll be greatly appreciated!
This is not financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins