Stop Loss (SL): 1880.13 (+3.7%)
Note: Confidence in this trade is moderate, so use less capital.
Reason (Why):
According to the 4H trend, the price is below both EMA50 and EMA200. This is a sign of a Bearish Trend, meaning the overall market trend is downward.
Trade Plan (Plan):
Close 50% of the position at TP1.
Close 25% of the position at TP2.
Close the remaining 25% of the position at TP3.
After TP1 is reached, move the Stop Loss to the Entry Price.
Question: Do you think ETH's price has room to decline further from here?
⚠️ Important clarification: This is only personal market analysis, not financial advice. Do your own research ($DYOR.US
R) and keep risk management in mind.
This is educational information, not a recommendation to buy, sell, deposit, or withdraw funds. It contains no paid promotion or referral link.#WillFOMCMinutesReinforceRateHikeExpectations?