ETH is at a level worth watching: the 4h trend leans LONG, while the 15m RSI at 63.6 could cause short-term volatility.
$ETH – LONG
Trading plan:
Entry: $2,712.69 – $2,715.85
SL: $2,698.46
TP1: $2,742.73
TP2: $2,756.43
TP3: $2,772.24
Why this setup?
• The 4h trend is LONG, with EMA20 at $2,705.75 and EMA50 at $2,697.66, confirming bullish momentum.
• The 15m RSI is at 63.6; the 4h RSI is at 53.5, so wait for the price reaction in the entry zone.
• The 1h ATR is $10.5407; TP1 is set at a 1.8 risk-reward ratio.
The debate:
Will short-term momentum be enough to confirm a move toward TP1, or will the price sweep the SL zone before continuing?
Click here to trade 👇
$ETH – LONG
Trading plan:
Entry: $2,712.69 – $2,715.85
SL: $2,698.46
TP1: $2,742.73
TP2: $2,756.43
TP3: $2,772.24
Why this setup?
• The 4h trend is LONG, with EMA20 at $2,705.75 and EMA50 at $2,697.66, confirming bullish momentum.
• The 15m RSI is at 63.6; the 4h RSI is at 53.5, so wait for the price reaction in the entry zone.
• The 1h ATR is $10.5407; TP1 is set at a 1.8 risk-reward ratio.
The debate:
Will short-term momentum be enough to confirm a move toward TP1, or will the price sweep the SL zone before continuing?
Click here to trade 👇
