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$ETH Short-term trading suggestions for May 7:
ETH: Short around 2368-2388-2408, stop loss if it breaks below 2368 and retests at 2380, take profit around 2350-2340; short around 2388-2408, stop loss if it breaks above 2430 and retests, take profit around 2350-2335.
ETH: Short-term long around 2320-2311, take profit around 2340-2350, stop loss if it drops below 2300 and rebounds.
There is a price difference between platforms; you can buy or sell with a 2-3 USD difference.
Note: The breakouts and breakdowns I mention refer to the candlestick bodies, not price action breakouts or breakdowns.
The two levels given by the host should be placed with light positions and in batches; for short-term trades using 100x leverage, the goal is to profit 50%, then reduce positions to protect capital.
These strategies are personal opinions only and do not constitute investment advice.
Prohibit 🚫 from heavy positions and anti-positioning!!!