Analysis: Entry Trigger: Break above 2.4308. Stop Loss: Below the upward trendline, around 2.3880–2.3811 (red zone). Take Profit: Targeting 2.4847 (green zone), with the potential to extend to 2.5157. Risk-Reward Ratio: Favorable setup with a balanced R:R structure. The RSI at 65.78 indicates momentum is still strong but approaching overbought levels. The volume...
I have opened a long position on Ethereum (ETHUSDT.P) on the 1-hour timeframe with a clear trade setup: 1. Entry Point: Around 3,891 USDT. 2. Target: 4,071 USDT (profit target based on price resistance and trend analysis). 3. Stop-Loss: 3,872.51 USDT (managing risk below the recent local low). 4. Risk-to-Reward Ratio: Favorable for this...