As seen on the chart, ETH has been trading alongside two strong bullish supports over the course of the last two years.
Personally, I'm waiting for a better entry before considering a near-term long swing entry, trade is on the chart.
These supports have historically held strong, so chances are that they will continue to do so. Keeping the TP close to reduce risk.
A riskier bet would be to put the TP at 5.000, higher risk and also higher reward.
Personally, I'm waiting for a better entry before considering a near-term long swing entry, trade is on the chart.
These supports have historically held strong, so chances are that they will continue to do so. Keeping the TP close to reduce risk.
A riskier bet would be to put the TP at 5.000, higher risk and also higher reward.
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🔥Premium Signals: fierytrading.com
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Related publications
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.