ETH/USD LONG SETUP

5月8日

The Ethereum chart displays a clear bullish breakout from a consolidation phase, driven by strong upward momentum. The price surged after holding above an ascending trendline, indicating buyer strength. However, as the move extends, it approaches a potential resistance zone where price exhaustion may occur. This presents a favourable setup for a short trade if reversal signs appear, such as bearish patterns or weakening volume. Traders should monitor closely for entry confirmation to capitalize on a pullback. The strategy focuses on a high-to-low retracement toward previous support, aligning with risk-managed short-selling principles.

Entry: 1,980
Target Point: 2,300

5月8日

交易進行

Trade Active in buy

5月9日

交易結束：目標達成

Target 2,300 Reached