$ETH is approaching a potential golden cross, but I’m not buying just because the pattern looks bullish.
ETH is testing the $2,500–$2,550 resistance zone. This is where I want to see price action confirm the next move.
📈 LONG SETUP
Entry: Break & hold above $2,550
TP1: $2,600
TP2: $2,700
SL: $2,450
📉 SHORT SETUP
Entry: Rejection at $2,500–$2,550 + break below $2,400
TP1: $2,200
TP2: $2,150
SL: $2,600
The golden cross is bullish, but it’s a lagging indicator. I’d rather wait for confirmation than chase the candle.
Trade the setup, manage your risk, and don’t force a position.
ETH is testing the $2,500–$2,550 resistance zone. This is where I want to see price action confirm the next move.
📈 LONG SETUP
Entry: Break & hold above $2,550
TP1: $2,600
TP2: $2,700
SL: $2,450
📉 SHORT SETUP
Entry: Rejection at $2,500–$2,550 + break below $2,400
TP1: $2,200
TP2: $2,150
SL: $2,600
The golden cross is bullish, but it’s a lagging indicator. I’d rather wait for confirmation than chase the candle.
Trade the setup, manage your risk, and don’t force a position.