๐ Analysis:
Daily Chart Support: Ethereum (ETH) is currently trading at a support level on the daily chart.
Entry Range: Consider entering the trade between $2,850 and $3,050.
Profit Targets: Aim for profits at $3,400 - $3,700 or $4,100 - $4,300 resistance levels.
Risk Management: Set a stop-loss just below $2,780 to manage potential losses.
๐ Trading Strategy:
Entry: Initiate a long position within the specified range of $2,850 - $3,050.
Targets: Take profits at identified resistance levels.
Risk Control: Implement the specified stop-loss to control downside risk.
๐จ Note: Keep a close eye on market conditions and adjust the strategy accordingly as the trade progresses! ๐๐ #ETH #TradingOpportunity #CryptoAnalysis ๐๐
Daily Chart Support: Ethereum (ETH) is currently trading at a support level on the daily chart.
Entry Range: Consider entering the trade between $2,850 and $3,050.
Profit Targets: Aim for profits at $3,400 - $3,700 or $4,100 - $4,300 resistance levels.
Risk Management: Set a stop-loss just below $2,780 to manage potential losses.
๐ Trading Strategy:
Entry: Initiate a long position within the specified range of $2,850 - $3,050.
Targets: Take profits at identified resistance levels.
Risk Control: Implement the specified stop-loss to control downside risk.
๐จ Note: Keep a close eye on market conditions and adjust the strategy accordingly as the trade progresses! ๐๐ #ETH #TradingOpportunity #CryptoAnalysis ๐๐
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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.
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.