Ethereum: Long Trade from 500$ Support

28 nov. 2020

The price bounced from 500$ support, and it gave a possible buying opportunity. Here is a long trade that I decided to open following the price reversal signal.

RSI confirmed the price reversal and the same goes for MACD histogram, which is also supporting an upward movement.

If the price breaks 500$ support, the next buying opportunity will be at SMA200.



Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.

30 nov. 2020

Note

You can fix at least the part of the profit and move your stop orders to the breakeven.

1 déc. 2020

Trade fermée: cible de profit atteinte