ETHUSD LONG 3100 SL & TP ON CHART
Great entry opportunity at a discounted ETH just before the ETF inflows come into play.
I believe price is sitting in a prime area for buys, probably drawn down for the purpose of discounting new investors.
Most ETH holders are long term, for the speculators I see a lot of short sellers taking profits in this area BTCUSD has major support on 57.5k I'm confident in a rebound from this area.
Risking 1% on this position looking for 3-4R
large stop loss covering below the 3000 level to give the trade its best chance
I believe price is sitting in a prime area for buys, probably drawn down for the purpose of discounting new investors.
Most ETH holders are long term, for the speculators I see a lot of short sellers taking profits in this area BTCUSD has major support on 57.5k I'm confident in a rebound from this area.
Risking 1% on this position looking for 3-4R
large stop loss covering below the 3000 level to give the trade its best chance
Note
Trade activated @3100 Plan is to cover stop loss over break-even once we arrive back to 3300
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.