ETH is in a zone that needs monitoring: the 4h trend is leaning LONG, while the 15m RSI at 68.8 may cause short-term volatility.
$ETH – LONG
Trading plan:
Entry: $2,426.43 – $2,432.23
SL: $2,400.29
TP1: $2,481.59
TP2: $2,506.76
TP3: $2,535.79
Why this setup?
• The 4h trend is LONG, with EMA20 at $2,362.10 and EMA50 at $2,153.62, confirming the upward momentum.
• The 15m RSI is 68.8; the 4h RSI is 57.6—wait for price to react in the entry zone.
• The 1h ATR is $19.3571; TP1 is set according to a reward/risk ratio of 1.8.
Debate:
Is the short-term momentum enough to confirm the move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
$ETH – LONG
Trading plan:
Entry: $2,426.43 – $2,432.23
SL: $2,400.29
TP1: $2,481.59
TP2: $2,506.76
TP3: $2,535.79
Why this setup?
• The 4h trend is LONG, with EMA20 at $2,362.10 and EMA50 at $2,153.62, confirming the upward momentum.
• The 15m RSI is 68.8; the 4h RSI is 57.6—wait for price to react in the entry zone.
• The 1h ATR is $19.3571; TP1 is set according to a reward/risk ratio of 1.8.
Debate:
Is the short-term momentum enough to confirm the move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇