EthereumLong
ETH Uptrend; Buy with Confirmation
Ideal: 3,100–3,200 (pullback to the 23.6%–38.2% Fibonacci zone) with confirmation exBullish candlestick pattern
Stochastic Oscillator exiting oversold territory.
Increasing volume on the rebound.
Profit Targets:
Target 1: 3,600 (psychological resistance).
Target 2: 3,800–4,000 (historical resistance levels).
Stop Loss:
SL: 2,950–3,000 (below the demand zone and 38.2% Fibonacci level).
Risk-Reward Ratio: 1:3 (Example: Risk 100 pips, Target 300 pips).
Stochastic Oscillator exiting oversold territory.
Increasing volume on the rebound.
Profit Targets:
Target 1: 3,600 (psychological resistance).
Target 2: 3,800–4,000 (historical resistance levels).
Stop Loss:
SL: 2,950–3,000 (below the demand zone and 38.2% Fibonacci level).
Risk-Reward Ratio: 1:3 (Example: Risk 100 pips, Target 300 pips).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.