๐ Price Movement:
Momentum to Upside: ETH is gaining momentum to the upside.
Resistance Break: Attempting to break through the top of the range resistance at $3,000.
๐ผ Trading Plan:
Entry Criteria: Wait for the price to find support at around $3,000 with an opening and closing of a 4HR candle above that level.
Take Profit: Target the next major resistance area between $3,300 - $3,600.
Stop Loss: Set just below $2,700 for risk management.
๐๐ Note: Monitor the price action for confirmation and adjust the plan accordingly. ๐๐ก
#ETH #CryptoTrading #PriceAnalysis ๐๐
Momentum to Upside: ETH is gaining momentum to the upside.
Resistance Break: Attempting to break through the top of the range resistance at $3,000.
๐ผ Trading Plan:
Entry Criteria: Wait for the price to find support at around $3,000 with an opening and closing of a 4HR candle above that level.
Take Profit: Target the next major resistance area between $3,300 - $3,600.
Stop Loss: Set just below $2,700 for risk management.
๐๐ Note: Monitor the price action for confirmation and adjust the plan accordingly. ๐๐ก
#ETH #CryptoTrading #PriceAnalysis ๐๐
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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.