๐ Ethereum (ETH) Scenarios
๐น Bullish Scenario:
Condition: A strong daily close above 4060.
After breakout: Price may retest the 4060 level.
Entry signal: Bullish reversal candle (daily or 4H) on the retest.
Entry: Go long after confirmation of the reversal.
Stop-loss: Below 4060.
๐น Bearish Scenario:
If price fails to close above 4060,
Outlook remains bearish, with potential continuation of selling pressure.
$ETH
๐น Bullish Scenario:
Condition: A strong daily close above 4060.
After breakout: Price may retest the 4060 level.
Entry signal: Bullish reversal candle (daily or 4H) on the retest.
Entry: Go long after confirmation of the reversal.
Stop-loss: Below 4060.
๐น Bearish Scenario:
If price fails to close above 4060,
Outlook remains bearish, with potential continuation of selling pressure.
$ETH