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$ETH/USDT LONG SWING TRADEETH is waving inside the triangle pattern,
The upper trend line of the triangle pattern is working as a major resistance.
Once upper trend line is broken we can expect a 20% - 30% bullish wave.
Can take a long at the lower trendline of the triangle pattern with a tight stop loss.
A break below the lower trendline longs will be invalided and opposite signal will be active (shorts will be active)
Entry at blue line, take profits at green line, stop loss at red line.
ETHUSDT 1H TFETH is currently moving in a zone from a long time and as it has been falling down, I expect it to move downwards once it breaks this level.
CMP :- 2828
Target :- 1800 (I know it is is a huge one BUT this target will take a lot of time and only if it sustains for a good amount of time once this breaks this pattern)
SL :- As per your risk.
PS :- If it bounces back you can go long with SL around 2600 levels and entry will be around 2700 levels for first target of 3200 level.