ETH is in a zone that needs monitoring: the 4h trend leans toward LONG, while the 15m RSI at 43.7 may cause short-term volatility.
$ETH – LONG
Trading plan:
Entry: $2,433.11 – $2,434.83
SL: $2,425.33
TP1: $2,449.52
TP2: $2,457.00
TP3: $2,465.64
Why this setup?
• The 4h trend is LONG, with EMA20 at $2,461.98 and EMA50 at $2,435.42, confirming the upward momentum.
• The 15m RSI is 43.7; the 4h RSI is 32.9—wait for price reaction in the entry zone.
• 1h ATR is $5.7586; TP1 is set based on a profit/risk ratio of 1.8.
Discussion:
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: $2,433.11 – $2,434.83
SL: $2,425.33
TP1: $2,449.52
TP2: $2,457.00
TP3: $2,465.64
Why this setup?
• The 4h trend is LONG, with EMA20 at $2,461.98 and EMA50 at $2,435.42, confirming the upward momentum.
• The 15m RSI is 43.7; the 4h RSI is 32.9—wait for price reaction in the entry zone.
• 1h ATR is $5.7586; TP1 is set based on a profit/risk ratio of 1.8.
Discussion:
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 👇
