ETH - Two Levels to Long!
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📔Here is a practical example on how to find your edge.
According to our last educational post:
Where is ETH now?
It’s currently in the middle of nowhere, a no-trade zone, as we don’t have an edge.
Here are the possible areas where we’d be interested in trading:
1️⃣ $2000 is a round number that intersects with a structure and trendline, making it an attractive zone to consider medium-term longs.
2️⃣ $2900 represents the previous major high and structure that the bulls need to break above to take full control.
Until then, we wait!⏱️
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
📔Here is a practical example on how to find your edge.
According to our last educational post:
Where is ETH now?
It’s currently in the middle of nowhere, a no-trade zone, as we don’t have an edge.
Here are the possible areas where we’d be interested in trading:
1️⃣ $2000 is a round number that intersects with a structure and trendline, making it an attractive zone to consider medium-term longs.
2️⃣ $2900 represents the previous major high and structure that the bulls need to break above to take full control.
Until then, we wait!⏱️
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
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RichTL.com
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Best Crypto Exchange
coincall.com/r/thesignalyst
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