🔥MISS THE ETH PUMP? I SHOW YOU 2 USEFUL TRADING PLANS
Updated
🔥Hi, friends! Ethereum reaches $1740 and makes +16% in a few days. It was an excellent entry point at the lower border of the channel (red area). Additionally volumes confirm the liquidations of long traders. Friends, did some of you open this trade? Write in the comments!
Now it's clearly visible that ETH close above the channel and already test it as support.
📊I have 2 trading plans for you:
1. if the price continues to consolidate above the channel it's a bullish signal. Also, it will be good if ETH will fall inside the channel and return above. It will be a false breakout which is so BULLISH signal!
2. if ETH return inside the channel and test the top boundary as the resistance, it will be a HUGE short signal. You can put sl above highs. The target will be the mid and lower boundary of a channel.
✅ MY LONG TARGETS FOR ETH:
🔥 $2030 - the key level and local high
🔥 $2300 - the key level
Friends, which scenario is better for you? Long or short? Write your thoughts in comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Now it's clearly visible that ETH close above the channel and already test it as support.
📊I have 2 trading plans for you:
1. if the price continues to consolidate above the channel it's a bullish signal. Also, it will be good if ETH will fall inside the channel and return above. It will be a false breakout which is so BULLISH signal!
2. if ETH return inside the channel and test the top boundary as the resistance, it will be a HUGE short signal. You can put sl above highs. The target will be the mid and lower boundary of a channel.
✅ MY LONG TARGETS FOR ETH:
🔥 $2030 - the key level and local high
🔥 $2300 - the key level
Friends, which scenario is better for you? Long or short? Write your thoughts in comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Note
🔥 Hi friends! ETH fall after the false breakout and find support at the value area. It grows by +4%. Look for longs on the pullback.
Note
🔥 Hi friends! ETH makes +18% after the return to the channel. It was the amazing bullish signal. Stay tuned!
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