Last Friday's US non-farm payroll data came in below expectations, causing a market pullback. Observing the market conditions Monday morning, I discovered that Ethereum formed quite obvious support around 3090. This price level has bounced multiple times off the bottom, showing strong defensive characteristics on the technical side.
So I decisively placed a long position at that level. Within just a few hours, the price made significant progress, and ultimately I doubled my profits and took them off the table.
Actually, there's no secret to this type of trade—the key is identifying the right support level, timing your entry correctly, and executing your profit-taking decisively. Many people can spot opportunities but lack the courage to enter a position, or they place a trade but always try to squeeze out a bit more profit and end up getting stopped out. Trading is all about execution discipline.
Missing this wave is fine. As long as you master the methodology of support level identification and risk management, you'll catch the next opportunity just the same. Markets never disappear; the key is having a method and patience.
初心者です。フォロー返してください。
🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚🤚
Last Friday's US non-farm payroll data came in below expectations, causing a market pullback. Observing the market conditions Monday morning, I discovered that Ethereum formed quite obvious support around 3090. This price level has bounced multiple times off the bottom, showing strong defensive characteristics on the technical side.
So I decisively placed a long position at that level. Within just a few hours, the price made significant progress, and ultimately I doubled my profits and took them off the table.
Actually, there's no secret to this type of trade—the key is identifying the right support level, timing your entry correctly, and executing your profit-taking decisively. Many people can spot opportunities but lack the courage to enter a position, or they place a trade but always try to squeeze out a bit more profit and end up getting stopped out. Trading is all about execution discipline.
Missing this wave is fine. As long as you master the methodology of support level identification and risk management, you'll catch the next opportunity just the same. Markets never disappear; the key is having a method and patience.