ETHUSDT, Ethereum/ TetherUS, 4 hr

20221003, ETHUSDT, Ethereum/ TetherUS, 4 hr
In brief:
1. The short-term pressure line was not crossed by the price.
2. Currently, there is a box. You may try a reverse strategy with a strict stop loss.

As a trend follower, this price/position:
a. Holding short position, set stop loss well
b. Try short-entry on the top of the box and set the stop loss.
c. Do not do the long-entry position

20220926, ETHUSDT, Ethereum/ TetherUS, 4 hr
In brief:
1. Hitting the short-term pressure line
2. Still in the downward trend, not a good position to do long.
- Yes, you may do long-entry with a good price this time; however, this is not a good idea in the long run.

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