Is it time for the ascending explosion $ETH ?
Here is a smart trading plan that can boost your profits
Quick technical summary:
Current price: $2640
RSI: at 63 ➜ still below the overbought zone
Recent candles: horizontal stability with attempts to break
Bollinger Bands: price touches the upper limit ➜ beginning of buying pressure
MACD: shows weakening downward momentum ➜ we may be on the brink of a reversal
✅ Profitable trading strategy:
Trade type: Instant Spot or low-leverage contracts for calculated risk
Smart entry zone:
From $2615 to $2645
Strong entry confirmation upon breaking 2660 with a 4-hour candle closing on high volume
Short-term targets:
First target: 2720
Second target: 2790
Third target: 2880 (if the previous 2788 is broken)
Stop loss:
Below $2580 ➜ recent lowest support level
Capital management:
Split the trade into two parts
Take partial profits at each target
Move the stop loss upon achieving the first target
💬 Question for the audience:
Do you think ETH will break the resistance at 2660 and start a new upward wave?
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