Ethereum 1h Long Position

May 24, 2022

ETHUSDT

• Due to the price collision with the channel , it is likely that the price will rise to the range of 2018 to 2036.
  (If you enter a long position at this point or at the red line , you can set your stop-loss at 1921, this is a medium risk trade)
  If the price could not keep the channel range, it will probably go down to the 1937. somewhere in the red rectangle.
  

May 24, 2022

Trade closed: stop reached

The price could not keep the channel range. With the loss of the channel range, the price went down to the red rectangle.