EthereumLong
Potential Bullish ETH 10 May 2022
The lowest point of today is around 2200
Currently we are at 2375and the highest point of today was on 2440
Based on this, there are 2 scenarios which can be applied, both bullish.
The reason behind the bullish recovery for today, is that yesterday we had a movement of almost 13% going down, so from historical prediction(not 100% accurate) we can expect that today today is going to be a bullish candle.
So for entry point we can see that POC volume area is around 2320 so based on this:
we can either wait and enter long around POC point of 2320, or we just enter now.
In both cases we can use the stop loss on 2290.
Currently we are at 2375and the highest point of today was on 2440
Based on this, there are 2 scenarios which can be applied, both bullish.
The reason behind the bullish recovery for today, is that yesterday we had a movement of almost 13% going down, so from historical prediction(not 100% accurate) we can expect that today today is going to be a bullish candle.
So for entry point we can see that POC volume area is around 2320 so based on this:
we can either wait and enter long around POC point of 2320, or we just enter now.
In both cases we can use the stop loss on 2290.
🔻My Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
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.
🔻My Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
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.