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#做空ETH , midday strategy on 12.1. Shorting on the rise.
Last night I laid out a short at 3050, and so far I've made at least 150 points in profit.
Currently, the severe fluctuations this morning are caused by news and technical vulnerabilities. In terms of trading volume, the balanced price should be between 2600 and 2750. Based on the analysis of the candlestick chart and the MACD line, the downward trend is still maintained 📉.
Midday trading suggestions
The general principle is to short at highs. The low is expected to be around 2600. If it falls below 2600, then it will go down to 2300.
Shorting at highs between 2860 and 2930. Stop loss at 2950.