CollegeofPips

ETH/USD | Potential Upward Movement

Long
COINBASE:ETHUSD   Ethereum
💡 Trade Idea

📉 Buy Limit ETH/USD @ 553.35

🎯 Target Profit 623.76

🛑 Stop Loss 525.57

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description:
The coin is trading within a corrective channel, it moved to the lower end of this pattern and reacted once it reached the daily support (553.35). We have a 61.8% level pullback which indicates a potential reversal, and a move to the upside.

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