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).
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