ETH/USD LONG
Here are my reasons for entering a long position on ETH/USD.
The confluences for my entry:
✓ Holding support at key level
✓ TD9 exhaustion at key level (2HR)
✓ Stochastics looking to shift moment at candle close*
✓ Bullish divergence looking to print at candle close*
✓ RSI looking to head upward from 0 read towards bullish control zone*
*assumptions not confirmed
I will enter a long position with a stop loss below the wick of the reversal candle of the held support and look to take profits at the 2.618 resistance.
** this is not financial advice **
The confluences for my entry:
✓ Holding support at key level
✓ TD9 exhaustion at key level (2HR)
✓ Stochastics looking to shift moment at candle close*
✓ Bullish divergence looking to print at candle close*
✓ RSI looking to head upward from 0 read towards bullish control zone*
*assumptions not confirmed
I will enter a long position with a stop loss below the wick of the reversal candle of the held support and look to take profits at the 2.618 resistance.
** this is not financial advice **
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