Use 15X leverage on bybit. When ever price rejects from SMA 50 on 15 min time scale, open a short position. check for RSI(14) chart aswell, open long position whenever it goes below 30 and short position whenever trades above 70.
Note
ETH continued to trade in the channel as mentioned. The RSI is oversold condition, Good entry for buy opportunity.Trade closed: target reached
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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.