HEADLINE: Looking for a Long Entry on Ethereum
TICKER: ETHUSDT
SUMMARY: Currently looking for a long entry on ETHUSDT now that the trend has a bullish bias.
STRATEGY USED: Silver Scalper
Trend Confirmation = Range MA
Entry Signal = Bull/Bear Power
Exit Signal = Bull/Bear Power OR Range MA
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DESCRIPTION:
1. Although our Range MA indicator is signaling an uptrend (bar color Green), we just got an exit signal from our Bull/Bear indicator at R1 resistance.
2. We are currently looking for an entry given the bullish bias from Range MA.
3. Will look for a Bull signal from Bull/Bear upon a reaction to S1 support to go long.
3. If S1 can’t hold, we will be looking how price holds up at S2.
4. Below S2 this setup will likely be invalidated according to our indicators.
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NOTE: We conduct market analysis on a daily basis from a trend trading perspective using our own in house built tools. If you like any of the content we provide please leave a like and a follow to show your appreciation.
TICKER: ETHUSDT
SUMMARY: Currently looking for a long entry on ETHUSDT now that the trend has a bullish bias.
STRATEGY USED: Silver Scalper
Trend Confirmation = Range MA
Entry Signal = Bull/Bear Power
Exit Signal = Bull/Bear Power OR Range MA
---
DESCRIPTION:
1. Although our Range MA indicator is signaling an uptrend (bar color Green), we just got an exit signal from our Bull/Bear indicator at R1 resistance.
2. We are currently looking for an entry given the bullish bias from Range MA.
3. Will look for a Bull signal from Bull/Bear upon a reaction to S1 support to go long.
3. If S1 can’t hold, we will be looking how price holds up at S2.
4. Below S2 this setup will likely be invalidated according to our indicators.
---
NOTE: We conduct market analysis on a daily basis from a trend trading perspective using our own in house built tools. If you like any of the content we provide please leave a like and a follow to show your appreciation.
Note
There has been no pullback to S1 yet, still waiting for a Bull Signal to give us a long entry.
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.