Ethereum ($ETH ) Trade Setup
Buy Zone: $1,700
Sell Target: $2,000
Expected Profit: $300 per $ETH
Profit Percentage: Approx. 17.6%
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Trade Plan:
1. Entry Point:
Buy Ethereum when the price is around $1,700.
You can set a buy limit order at $1,700 to automatically enter when the price drops.
2. Target:
Sell at $2,000.
Set a sell limit order at $2,000 to lock in profits.
3. Stop-Loss (Recommended for Safety):
Set a stop-loss around $1,600 (below a strong support level).
This limits your loss to ~$100 per $ETH if the market goes down.
4. Risk to Reward Ratio:
Risk: $100
Reward: $300
Risk/Reward = 1:3 (Very Good)