ETH - Long Story Long ๐Ÿ“˜

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

As per my last ETH analysis (attached on the chart), we were looking for short-term buy setups around the Trio Retest circle in purple.

ETH rejected our zone and trading higher. Now What?

๐Ÿน For the bulls to remain in control, and take over from a medium-term perspective, we need a third swing high to form around the upper red trendline and then a break above it (as highlighted on the chart)

๐Ÿ“ˆ The bulls are clearly pushing and will remain in control UNLESS ETH breaks below the green support 1650

๐Ÿ“š Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
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