Everyone's expecting a pullback in $ETHFI after that 11.43% 24h pump, but I think it's coiled to break the $1.20 resistance level.
$ETHFI - LONG
Entry: 0.4260 – 0.44
SL: 0.38
TP1: 0.50
TP2: 0.65
TP3: 0.80
Why this setup? It's due to the bullish RSI divergence on the 1H chart, a relatively low ATR of 0.05, my bias confidence at 70%, and the 15m/1H timeframe divergence indicating a potential squeeze.
Debate: Are you fading this move or riding it to reclaim the $1.20 level?
$ETHFI
$ETHFI - LONG
Entry: 0.4260 – 0.44
SL: 0.38
TP1: 0.50
TP2: 0.65
TP3: 0.80
Why this setup? It's due to the bullish RSI divergence on the 1H chart, a relatively low ATR of 0.05, my bias confidence at 70%, and the 15m/1H timeframe divergence indicating a potential squeeze.
Debate: Are you fading this move or riding it to reclaim the $1.20 level?
$ETHFI