๐ Analysis:
Daily Chart Support: Ethereum (ETH) is currently trading at a support level on the daily chart.
Entry Range: Consider entering the trade between $2,850 and $3,050.
Profit Targets: Aim for profits at $3,400 - $3,700 or $4,100 - $4,300 resistance levels.
Risk Management: Set a stop-loss just below $2,780 to manage potential losses.
๐ Trading Strategy:
Entry: Initiate a long position within the specified range of $2,850 - $3,050.
Targets: Take profits at identified resistance levels.
Risk Control: Implement the specified stop-loss to control downside risk.
๐จ Note: Keep a close eye on market conditions and adjust the strategy accordingly as the trade progresses! ๐๐ #ETH #TradingOpportunity #CryptoAnalysis ๐๐
Daily Chart Support: Ethereum (ETH) is currently trading at a support level on the daily chart.
Entry Range: Consider entering the trade between $2,850 and $3,050.
Profit Targets: Aim for profits at $3,400 - $3,700 or $4,100 - $4,300 resistance levels.
Risk Management: Set a stop-loss just below $2,780 to manage potential losses.
๐ Trading Strategy:
Entry: Initiate a long position within the specified range of $2,850 - $3,050.
Targets: Take profits at identified resistance levels.
Risk Control: Implement the specified stop-loss to control downside risk.
๐จ Note: Keep a close eye on market conditions and adjust the strategy accordingly as the trade progresses! ๐๐ #ETH #TradingOpportunity #CryptoAnalysis ๐๐