๐ฅ๐HOW TO MAKE 10-15RR ON ETH? TRADE THIS FALSE BREAKOUT
๐ฅHi, friends! ETH is make the same performance as BTC (+25-30%) during the last weeks. This shows that altcoin is still weak, but after this breakout, everything could change.
As you can see on the chart, Ethereum is making false breakouts of the key level before the pump. The last false breakout leads ETH to this growth.
I think that returning to the imbalance(yellow area) together with a false breakout will force ETH to pump again.
๐ TRADING PLAN FOR ETH:
1. the local key level of $1,500 breakdown
2. false breakout - price should return above the key level
3. volume growth after the false breakout
4. bullish BTC push all altcoins higher and higher
๐ฉThe second chance to open a trade is during the ETH price squeeze to the upper trendline. Short sl and nice continuation long.
โ THE MAIN TARGETS FOR ETH:
๐ฅ $1,680 - the key level and local high
๐ฅ $1,800- the key level
๐ฅ $2000 - the key level and even number
Traders, how much time does it take for ETH to reach the ATH again? Write the year in the comments! I think it will be the beginning of 2024, when the whales accumulate enough ETH and BTC.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
As you can see on the chart, Ethereum is making false breakouts of the key level before the pump. The last false breakout leads ETH to this growth.
I think that returning to the imbalance(yellow area) together with a false breakout will force ETH to pump again.
๐ TRADING PLAN FOR ETH:
1. the local key level of $1,500 breakdown
2. false breakout - price should return above the key level
3. volume growth after the false breakout
4. bullish BTC push all altcoins higher and higher
๐ฉThe second chance to open a trade is during the ETH price squeeze to the upper trendline. Short sl and nice continuation long.
โ THE MAIN TARGETS FOR ETH:
๐ฅ $1,680 - the key level and local high
๐ฅ $1,800- the key level
๐ฅ $2000 - the key level and even number
Traders, how much time does it take for ETH to reach the ATH again? Write the year in the comments! I think it will be the beginning of 2024, when the whales accumulate enough ETH and BTC.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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๐ bit.ly/vip_bikotrading
๐ทTelegram ๐ t.me/+ICrmLIneDmRiYjIy
๐ทYouTube ๐ bit.ly/YouTube__Lessons
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