#swingtrading
ETH/USDT LONG (Daily)
Entry: $1,890 - $1,925
Stop-Loss: $1,847
Take Profits:
TP1 (50%): $1,948
TP2 (30%): $1,989
TP3 (20%): $2,029
Leverage: 15-20x
Risk: 1%
Reasoning:
ETH is forming a bullish pennant while holding above the daily 55 EMA. BBWP, a volatility indicator, is flashing blue at extremely low levels, and this kind of compression often leads to a sharp volatility expansion shortly after. With the bullish structure intact, an upside breakout is the higher-probability scenario
ETH/USDT LONG (Daily)
Entry: $1,890 - $1,925
Stop-Loss: $1,847
Take Profits:
TP1 (50%): $1,948
TP2 (30%): $1,989
TP3 (20%): $2,029
Leverage: 15-20x
Risk: 1%
Reasoning:
ETH is forming a bullish pennant while holding above the daily 55 EMA. BBWP, a volatility indicator, is flashing blue at extremely low levels, and this kind of compression often leads to a sharp volatility expansion shortly after. With the bullish structure intact, an upside breakout is the higher-probability scenario