$ETH is approaching a historic break – Double rebound strategy under the microscope!
The price is currently at $2,582 and buying pressure is increasing!
Resistance at $2,600 is close to breaking, and if it does, we may see a rise towards $2,770 and possibly $2,850.
Strategy based on MA crossover and RSI support with the approach of a Bollinger Band explosion.
The opportunity is perfect to follow up on the entry, but with precise risk management.
1. Entry:
Entry upon a stable break of the $2,600 level and confirmation of a full candle above it.
2. Targets:
First target: $2,687
Second target: $2,770
Third target (in case of strong momentum): $2,850
3. Stop Loss:
Below the moving support (MA10): $2,460
Should you enter now or wait for the close? Share your opinion with me!
