ETH - Trend-Following Long!

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈ETH has been bullish trading within the rising channel in red.

Currently, ETH is approaching the lower bound of the channel.

Moreover, the level marked in green is a strong round number $3,500.

🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the round number and lower trendline acting as non-horizontal support.

📚 As per my trading style:
As #ETH approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Trade closed: target reached

TheSignalyst

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