Market Observation:
Yesterday's significant dip brought many altcoins, including ETH, into their support zones.
Trade Setup:
Entry: Long spot position between $2,850 - $3,050.
Take Profit: $3,400 - $3,700 or $4,100 - $4,350.
Stop Loss: Just below $2,800.
Risk Management:
Implement a stop loss just below $2,800 to mitigate potential losses.
📈💡 Trade Strategy Rationale:
Anticipate a bullish move in ETH from the support zone, targeting potential profit levels as indicated.
📊🔄 Stay updated on market conditions for trade adjustments! #ETHTrading #CryptoAnalysis 🌐🚀
Yesterday's significant dip brought many altcoins, including ETH, into their support zones.
Trade Setup:
Entry: Long spot position between $2,850 - $3,050.
Take Profit: $3,400 - $3,700 or $4,100 - $4,350.
Stop Loss: Just below $2,800.
Risk Management:
Implement a stop loss just below $2,800 to mitigate potential losses.
📈💡 Trade Strategy Rationale:
Anticipate a bullish move in ETH from the support zone, targeting potential profit levels as indicated.
📊🔄 Stay updated on market conditions for trade adjustments! #ETHTrading #CryptoAnalysis 🌐🚀
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.
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.