$ETH Long | Est. PNL +10.0%
Oversold Bounce
ENTER 2,034.89 - 2,048.33 USD
TARGET 2,248.11 USD (range high)
STOP 4H close below 1,986.79 USD
R:R 1 : 3.8
Est. PNL to target: +10.0% | to invalidation: -2.8% (price move from 2,044.49 USD, before fees and leverage)
SETUP LOGIC
▪️ 4H RSI is in the oversold zone
▪️ 4H RSI 28.8 (oversold), EMA 20 is below EMA 50
A 4H close below 1,986.79 USD cancels the idea. Chart idea only, not a position I hold.
Would you take this one, wait for more, or stay out? Tell us why below.
Not financial advice. Always DYOR.
Like & Follow for Daily Trade Analytics & Insider News. @MistralAK
#Ethereum #Oversold #TrendingTopic
Oversold Bounce
ENTER 2,034.89 - 2,048.33 USD
TARGET 2,248.11 USD (range high)
STOP 4H close below 1,986.79 USD
R:R 1 : 3.8
Est. PNL to target: +10.0% | to invalidation: -2.8% (price move from 2,044.49 USD, before fees and leverage)
SETUP LOGIC
▪️ 4H RSI is in the oversold zone
▪️ 4H RSI 28.8 (oversold), EMA 20 is below EMA 50
A 4H close below 1,986.79 USD cancels the idea. Chart idea only, not a position I hold.
Would you take this one, wait for more, or stay out? Tell us why below.
Not financial advice. Always DYOR.
Like & Follow for Daily Trade Analytics & Insider News. @MistralAK
#Ethereum #Oversold #TrendingTopic
