$ETH If your spot portfolio is $1,000 and your maximum planned loss is 1%, your risk budget is $10. With an entry at $2,430 and a stop at $2,410, the price risk is about 0.82%.
That gives a theoretical position size of approximately 0.5 ETH ($1,215), which exceeds a $1,000 portfolio. So you would need to use a smaller position or a wider setup with a more suitable entry; do not borrow or use leverage merely to fit the calculation.
My conclusion
For the chart shown: wait for either a confirmed bounce above $2,450 for a potential LONG, or a confirmed 4H breakdown below $2,418 before treating the structure as bearish continuation. The screenshot alone does not confirm either outcome.
The chart is from a previous snapshot, so check the current ETH price before acting.#ETH/USDT
That gives a theoretical position size of approximately 0.5 ETH ($1,215), which exceeds a $1,000 portfolio. So you would need to use a smaller position or a wider setup with a more suitable entry; do not borrow or use leverage merely to fit the calculation.
My conclusion
For the chart shown: wait for either a confirmed bounce above $2,450 for a potential LONG, or a confirmed 4H breakdown below $2,418 before treating the structure as bearish continuation. The screenshot alone does not confirm either outcome.
The chart is from a previous snapshot, so check the current ETH price before acting.#ETH/USDT