Eth chart levels and trade
Nearly two years of accumulation and a breakout presents a very favourable outlook.
The recent market structure has been tested and showed support. When viewed on a higher timeframe this $310 - $330 range can be viewed as monthly support going back to 2017.
The macro-environment in crypto is very bullish. Will take a long if $366 looks like it's going to hold.
Entry $368
Target $452
Stop $337
RR= 2.93
The recent market structure has been tested and showed support. When viewed on a higher timeframe this $310 - $330 range can be viewed as monthly support going back to 2017.
The macro-environment in crypto is very bullish. Will take a long if $366 looks like it's going to hold.
Entry $368
Target $452
Stop $337
RR= 2.93
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.