Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
From a long-term perspective, ETH has been overall bullish trading inside the rising broadening wedge pattern just like BTC.
Lately, from a medium-term perspective, ETH got stuck inside 1750 support and 2000 resistance.
As per my trading style, here is my plan:
📉 1- Wait for ETH to approach the 1750 support to look buy setups
📈 2- Wait for ETH to break above 2000 (daily candle) then look for buy setups on its retest
📌 Meanwhile, as long as ETH is sitting midway it would be a no trade zone for me. So I will be waiting patiently!
Remember: Sometimes No Trade, is also a Trade.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
From a long-term perspective, ETH has been overall bullish trading inside the rising broadening wedge pattern just like BTC.
Lately, from a medium-term perspective, ETH got stuck inside 1750 support and 2000 resistance.
As per my trading style, here is my plan:
📉 1- Wait for ETH to approach the 1750 support to look buy setups
📈 2- Wait for ETH to break above 2000 (daily candle) then look for buy setups on its retest
📌 Meanwhile, as long as ETH is sitting midway it would be a no trade zone for me. So I will be waiting patiently!
Remember: Sometimes No Trade, is also a Trade.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.