Ethereum / BitcoinUpdated ETH/BTC short term trade. Two possible outcomes.
A short term trade I am looking at. Place buy-orders with stop-loss below support line. At the same time place sell order (short position) below if using BitMex to cancel out long position, and open a short position instead. Short-position stop-loss just above the red line.
Note
Forming a hammer (bullish reversal).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.