ETHUSD LONG 3100 SL & TP ON CHART
Great entry opportunity at a discounted ETH just before the ETF inflows come into play.
I believe price is sitting in a prime area for buys, probably drawn down for the purpose of discounting new investors.
Most ETH holders are long term, for the speculators I see a lot of short sellers taking profits in this area BTCUSD has major support on 57.5k I'm confident in a rebound from this area.
Risking 1% on this position looking for 3-4R
large stop loss covering below the 3000 level to give the trade its best chance
I believe price is sitting in a prime area for buys, probably drawn down for the purpose of discounting new investors.
Most ETH holders are long term, for the speculators I see a lot of short sellers taking profits in this area BTCUSD has major support on 57.5k I'm confident in a rebound from this area.
Risking 1% on this position looking for 3-4R
large stop loss covering below the 3000 level to give the trade its best chance
註釋
Trade activated @3100 Plan is to cover stop loss over break-even once we arrive back to 3300
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