๐ LONG
$ETHFI ๐ฐ Entry: 0.74990
๐ก Stop-loss: 0.73061 (โ2.6%)
๐ฏ Take-profit: 0.77305 โ 0.78760
๐ A bullish engulfing candle just swallowed the prior red candle right on EMA20, and the pullback low is now locked in ETHFI's favor.
โข EMA stack is fanned with a healthy spread, keeping the uptrend structure intact through this dip
โข Pullback tagged EMA20 almost to the tick, textbook trend-continuation entry zone
โข Engulfing confirmation printed a large body, showing buyers reclaimed control decisively
โข Real-time taker flow shows a clear bid-side imbalance stacking in favor of longs
โข 4H, daily, and Elliott wave reads all align, and the R:R stays favorable for a trend add
โญ Score 68/100 โ
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Watch for a candle close holding above EMA20, scale in on confirmation and keep the stop tight under the recent swing.
๐ฌ Long
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