ETH is in an area that needs close monitoring: the 4h trend leans toward LONG, while the 15m RSI at 57.8 may cause short-term fluctuations.
$ETH – LONG
Trading plan:
Entry: $2,452.07 – $2,457.07
SL: $2,429.52
TP1: $2,499.65
TP2: $2,521.36
TP3: $2,546.41
Why this setup?
• The 4h trend is LONG, with EMA20 at $2,449.12 and EMA50 at $2,302.65, confirming the upward momentum.
• The 15m RSI is 57.8; the 4h RSI is 50.0—wait for the price to react in the entry zone.
• 1h ATR is $16.6979; TP1 is set according to the profit/risk ratio of 1.8.
Debate:
Is the short-term momentum enough confirmation to move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
$ETH – LONG
Trading plan:
Entry: $2,452.07 – $2,457.07
SL: $2,429.52
TP1: $2,499.65
TP2: $2,521.36
TP3: $2,546.41
Why this setup?
• The 4h trend is LONG, with EMA20 at $2,449.12 and EMA50 at $2,302.65, confirming the upward momentum.
• The 15m RSI is 57.8; the 4h RSI is 50.0—wait for the price to react in the entry zone.
• 1h ATR is $16.6979; TP1 is set according to the profit/risk ratio of 1.8.
Debate:
Is the short-term momentum enough confirmation to move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
