ETHUSD Technical Update 🚀
✅ Pair: ETH/USD
✅ Trend: Ascending Channel 📈
✅ Entry Level: $2,660
✅ Target Area: $2,860
📊 Analysis:
🔹 ETH is respecting the ascending channel pattern.
🔹 Breakout confirmation adds momentum.
🔹 Bulls are holding key support at $2,660.
🔹 Resistance at $2,860 is the next target.
🎯 Trade Plan:
📌 Entry: Above $2,660 for confirmation.
📌 Target 1: $2,780 (Mid-level resistance).
📌 Target 2: $2,860 (Key breakout level).
📌 Stop Loss: Below $2,600 for risk control.
🛡 Risk Management:
🔹 Use stop-loss to protect capital.
🔹 Adjust position sizing based on risk tolerance.
🔹 Monitor volume & trend strength.
📢 Disclaimer: Not financial advice. Do your own research.
✅ Pair: ETH/USD
✅ Trend: Ascending Channel 📈
✅ Entry Level: $2,660
✅ Target Area: $2,860
📊 Analysis:
🔹 ETH is respecting the ascending channel pattern.
🔹 Breakout confirmation adds momentum.
🔹 Bulls are holding key support at $2,660.
🔹 Resistance at $2,860 is the next target.
🎯 Trade Plan:
📌 Entry: Above $2,660 for confirmation.
📌 Target 1: $2,780 (Mid-level resistance).
📌 Target 2: $2,860 (Key breakout level).
📌 Stop Loss: Below $2,600 for risk control.
🛡 Risk Management:
🔹 Use stop-loss to protect capital.
🔹 Adjust position sizing based on risk tolerance.
🔹 Monitor volume & trend strength.
📢 Disclaimer: Not financial advice. Do your own research.
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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.
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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.