ETH/USDT, proposing the following trading setup (Remember, always conduct your own analysis before trading. This setup is not investment advice)
📊 Entry point approximately $1964
Key target levels based on correction: $2000.95 (Target -1), 2017.76 (Target -2), 2034.57 (Target -3), and 2089 (Target -4).
· Stop-loss set at 1925.4, a narrower stop-loss can be used
📈 Action plan (Long)
Direction: Buy (long), as the price tests the lower boundary of the range and is moving upward
Targets (take-profits):
• TP1: 2000.95 (nearest resistance)
• TP2: 2017.76 (next target)
• TP3: 2034.57 (next target)
• TP4: 2089 (farther risky target)
Stop-loss:
· For short-term trades, set the stop below the key support: $1940
· For long-term holding, you can aim for the overall stop at 1925.4, but this involves higher risk.
⚠️ Remember risk management:
• Watch the price behavior at levels 2000.95 and 2017.76 — they may become reversal points.
• Do not use high leverage
$ETH
📊 Entry point approximately $1964
Key target levels based on correction: $2000.95 (Target -1), 2017.76 (Target -2), 2034.57 (Target -3), and 2089 (Target -4).
· Stop-loss set at 1925.4, a narrower stop-loss can be used
📈 Action plan (Long)
Direction: Buy (long), as the price tests the lower boundary of the range and is moving upward
Targets (take-profits):
• TP1: 2000.95 (nearest resistance)
• TP2: 2017.76 (next target)
• TP3: 2034.57 (next target)
• TP4: 2089 (farther risky target)
Stop-loss:
· For short-term trades, set the stop below the key support: $1940
· For long-term holding, you can aim for the overall stop at 1925.4, but this involves higher risk.
⚠️ Remember risk management:
• Watch the price behavior at levels 2000.95 and 2017.76 — they may become reversal points.
• Do not use high leverage
$ETH
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