Long

[ETH] long to $4631 (10 rr)

Updated

The entry is above value area high from the last two days and it is trying to get above anchored vwap from the top, if it manages to close $3800 it will probably go to $4000 region again.

Entry: $3778.48
Stop Loss: $3693.07
Take Profit: $4631

Trade active

stop loss moved to $3718,8

Trade closed: target reached

it might come back to the entry some divergences at the local top, it needs to break the $3850 region with strength.

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lol i didn't mean to do that, i was updating the trade...

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little bit of divergences at local top it might come back to take $3900 lows
$3860 - $3870 should be another entry

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Stop loss moved to entry , if it starts to close below $3865 it may come down below $3800.

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my entry is at $3778.48

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Eth must close the day above $3977 in order to continue.

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looking like its going to test the $4000 region again

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looking very strong to reach $4092, let's see

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seems like it will go back above $3900

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eth might test the highs again, momentum and moneyflow are looking good to continue up

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If you saw my other analysis: "ETHEREUM a possible case for (+165%) to (+240%)", i'm actually waiting for way higher prices between 10k to 13k. I will tp 50% of this position at $4631 and if i see continuation above, i'll wait for a retracement at this level of $4600 to $4700 to increase the position.

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it has to break the $4,092 soon otherwise could can back below $3,900 again.

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some bullish cvd divergences it could go up from there let's see.

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if it starts to close below $3,845 it could go to $3,672

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if the current 4h candle close above $3,900 will be very good

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Still heavy bullish cvd divergences, the price might make another low before continue higher, so much liquidity between $3,550 to $3,800, if starts to close below $3,800 it could go to december lows, if it holds there could go to $4,000 region again.

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seems it wants to pump from there let's see

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in order to continue, eth needs to close the daily candle above $3,878

Miketubarao

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