[TRADE] Ethereum Short Position For The Next Leg-Down
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Hello everyone, this is a trade that I'm placing in the market using a limit order (sell/short). This position is leveraged. Therefore, I want to have a tight stop-loss and a precise period of time to be in this position. This trade is based on the primary direction of the market, which is a downwards trend. So I'm expecting the "surprises" to happen in the direction of the trend. But I don't want to time the market - I'll work with another limit order once the trade is activated.
Sell: 1870
Stop Loss: 1930
Target: 1670
Leverage: 3x
Return: ~30%
If you want to know where I trade this, check out the stuff below 👇