GOLD Effective management of stop-loss and take-profit is essential in trading. Stop-loss protects your capital, while take-profit locks in profits. Balancing both is crucial to avoid emotional decisions. Following risk management and trading based on supply and demand levels increases success chances. Always trade with a clear risk-reward ratio and manage your exposure. BTCUSDTBTCUSDEURUSDETHUSDT
ETHBTCETHUSDETHUSDT The trendline between the lowest previous prices (I've called it the Golden Line of Escape here) has been broken on the ETH/BTC pair - or maybe not yet, depending on how you draw your lines, but I think it's at a crossroad where it could break. Additionally the 20/50/100 EMA crossed the 200 EMA on the weekly chart already in the past weeks. What can be said for sure is that ETH is continuing along the downward channel that started in Sep 2022 for now. A strong USD is currently holding everything but BTC in a chokehold, allowing only occasional impulses of relief. Now it will be interesting where ETH will bottom out.