Market Observation:
Yesterday's significant dip brought many altcoins, including ETH, into their support zones.
Trade Setup:
Entry: Long spot position between $2,850 - $3,050.
Take Profit: $3,400 - $3,700 or $4,100 - $4,350.
Stop Loss: Just below $2,800.
Risk Management:
Implement a stop loss just below $2,800 to mitigate potential losses.
๐๐ก Trade Strategy Rationale:
Anticipate a bullish move in ETH from the support zone, targeting potential profit levels as indicated.
๐๐ Stay updated on market conditions for trade adjustments! #ETHTrading #CryptoAnalysis ๐๐
Yesterday's significant dip brought many altcoins, including ETH, into their support zones.
Trade Setup:
Entry: Long spot position between $2,850 - $3,050.
Take Profit: $3,400 - $3,700 or $4,100 - $4,350.
Stop Loss: Just below $2,800.
Risk Management:
Implement a stop loss just below $2,800 to mitigate potential losses.
๐๐ก Trade Strategy Rationale:
Anticipate a bullish move in ETH from the support zone, targeting potential profit levels as indicated.
๐๐ Stay updated on market conditions for trade adjustments! #ETHTrading #CryptoAnalysis ๐๐