ETH, on the lower timeframe, is likely to hit the $2,700 mark. The price is steadily moving upward, with the RSI gaining momentum. It will be interesting to see if ETH breaks above the $2,700 resistance.
Strategy:
~ Long: $2500 to CMP.
~ DCA: $2450.
~ Leverage: 5x-10x.
~ Target: $2700+.
~ Stoploss: If ETH closes below the support line then we will close this position.
Note: DYOR before investing.
Strategy:
~ Long: $2500 to CMP.
~ DCA: $2450.
~ Leverage: 5x-10x.
~ Target: $2700+.
~ Stoploss: If ETH closes below the support line then we will close this position.
Note: DYOR before investing.
Trade closed: target reached
ETH Profit Update:
We've hit the $2,700 target with ease, and the price is currently showing rejection from the resistance trendline.
Book your profits and wait for a re-entry opportunity.
Regards,
Dexter.
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Related publications
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.