Trading strategy !
Updated
Dear Friends,
Currently, I am watching the ETHUSDT pair as it prepares to test the RSI indicator above the Bollinger Band, which is acting as short-term support. ETH price is hovering around $2,639, and if the bullish momentum continues, we could see it bounce towards the upper limit of the Bollinger Band. However, with the sideways signs from the Bollinger Band, I expect the bullish momentum to stall soon.
With the current strategy, I recommend traders to consider selling when the price hits the resistance and buying back when the price reacts at the support zone.
Wishing you successful trading and good luck!
Currently, I am watching the ETHUSDT pair as it prepares to test the RSI indicator above the Bollinger Band, which is acting as short-term support. ETH price is hovering around $2,639, and if the bullish momentum continues, we could see it bounce towards the upper limit of the Bollinger Band. However, with the sideways signs from the Bollinger Band, I expect the bullish momentum to stall soon.
With the current strategy, I recommend traders to consider selling when the price hits the resistance and buying back when the price reacts at the support zone.
Wishing you successful trading and good luck!
Trade closed: target reached
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