I have a feeling that $ETH is about to surprise a lot of people in the best way possible
$ETH - LONG
Trading plan:
Entry: 1653.98725 – 1662.77275
SL: 1632.02348
TP1: 1684.73652
TP2: 1693.52203
TP3: 1711.09305
Why these settings?
The LONG setup on the 4-hour chart is building from the right spot: 1653.98725 – 1662.77275, close to 1658.38000. The daily timeframe (1D) remains bearish, while the 15-minute Relative Strength Index (RSI) is at 57 (momentum is neutral enough to keep building). The trading volume for 15 minutes is only at 0.30x with 8.16K traded against the expected 26.93K per 15 minutes, so confirmation is still crucial
$ETH
$ETH - LONG
Trading plan:
Entry: 1653.98725 – 1662.77275
SL: 1632.02348
TP1: 1684.73652
TP2: 1693.52203
TP3: 1711.09305
Why these settings?
The LONG setup on the 4-hour chart is building from the right spot: 1653.98725 – 1662.77275, close to 1658.38000. The daily timeframe (1D) remains bearish, while the 15-minute Relative Strength Index (RSI) is at 57 (momentum is neutral enough to keep building). The trading volume for 15 minutes is only at 0.30x with 8.16K traded against the expected 26.93K per 15 minutes, so confirmation is still crucial
$ETH