Ethereum: When and How to Buy
The 4H timeframe gives us the exact zone for buying. If the price continues the downward movement, the main target for the bears will be at the support zone between 320$ and 300$ levels. The reversal signals from this zone will be good for buying.
If the bears can't push the market down, we should be ready to see a breakout above the local swing highs and SMA200. The breakout also can be used for opening long positions.
The best trading plan will include both entry zones and types of signals. All trades must be used with proper risk and money management.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
If the bears can't push the market down, we should be ready to see a breakout above the local swing highs and SMA200. The breakout also can be used for opening long positions.
The best trading plan will include both entry zones and types of signals. All trades must be used with proper risk and money management.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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.