$ETHUSD: Ethereum buy signal popped in the weekly...
Updated
Interesting reward to risk here, I'm long 
ETHUSD with a relatively tight stop. If the weekly pans out here, we may get a rally towards 2550 next, but I suspect price might need to base sideways after reaching the 1560 mark, before moving higher steadily. Definitely an interesting trade setup as it is he first bullish signal in weekly scale since a bearish signal popped in said timeframe back in late December 2021, which at the time seemed extremely risky and warned me to back away from crypto exposure since then. We had some intensive declines until now and a lot of people likely were blown up in pieces between the devastating losses caused by Celsius, Luna and other ponzi schemes collapsing, together with the big declines across the board in all crypto assets. I was skeptical overall, since I hadn't seen sentiment deteriorate enough, but I could be wrong. Since reward to risk is potentially very good, I am willing to get involved here.
Best of luck,
Ivan Labrie.
ETHUSD with a relatively tight stop. If the weekly pans out here, we may get a rally towards 2550 next, but I suspect price might need to base sideways after reaching the 1560 mark, before moving higher steadily. Definitely an interesting trade setup as it is he first bullish signal in weekly scale since a bearish signal popped in said timeframe back in late December 2021, which at the time seemed extremely risky and warned me to back away from crypto exposure since then. We had some intensive declines until now and a lot of people likely were blown up in pieces between the devastating losses caused by Celsius, Luna and other ponzi schemes collapsing, together with the big declines across the board in all crypto assets. I was skeptical overall, since I hadn't seen sentiment deteriorate enough, but I could be wrong. Since reward to risk is potentially very good, I am willing to get involved here.Best of luck,
Ivan Labrie.
Trade closed manually
I don't know, sentiment seems super stupid again, and this move appears to be caused by Elon/Twitter deal speculators from Reddit, heck even the Ripple crowd has some elaborate bullish theories about their coin connected to Elon here. I'm out!
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