LONG ETHEREUM (ETH) H4🚀 Overview:
On the 4-hour chart of Ethereum (#ETH), a clear upward trend is evident with higher highs and higher lows, indicating market strength. The 4-hour EMA89 continues to support the trend, adding confidence to the upward movement.
📊 EMA89 Support:
EMA89 plays a crucial role as significant support, reflecting buyer control. Maintaining the price above EMA89 is a positive sign of the upward trend.
📈 Long Strategy:
A Long strategy may be considered, but all trading decisions should rely on individual analysis. Opening a buy position requires positive confirmation, and risk management is crucial.
🎯 Price Target:
The price target in the range of 2600 - 2700 is significant; however, setting expectations should follow personal principles and trading strategy.
⚖️ Risk Management Note:
Risk management is paramount. Setting reasonable stop-loss and monitoring market fluctuations help protect investment capital.
🚀 Summary:
With a robust upward trend and EMA89 support, Ethereum is creating trading opportunities. However, this is not investment advice; remember that individuals make trading decisions based on personal analysis and should maintain caution before any trading decision. #CryptoAnalysis #PersonalDecisions
Shadows Team
