ETH - Two Levels to Long!

10 oct.

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📔Here is a practical example on how to find your edge.

According to our last educational post:

Where is ETH now?

It’s currently in the middle of nowhere, a no-trade zone, as we don’t have an edge.

Here are the possible areas where we’d be interested in trading:

1️⃣ $2000 is a round number that intersects with a structure and trendline, making it an attractive zone to consider medium-term longs.

2️⃣ $2900 represents the previous major high and structure that the bulls need to break above to take full control.

Until then, we wait!⏱️

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich