#SwingTradingStrategy #SwingTradingStrategy – How to Catch Opportunities Between Peaks and Valleys?

#SwingTrading

$ETH

ETHUSDT

Permanent

2,410.94

-3.59%

The Swing Trading strategy is considered one of the best ways to achieve medium-term profits, as it suits traders who cannot continuously monitor daily. This strategy relies on exploiting price movements that extend over days or weeks, rather than instant entry and exit.

Practical application on the ETH/USDT pair

Currently, Ethereum is trading at 2,485.16$ according to the Binance platform, after reaching a high of $2,569 in the last 24 hours and a low of $2,476. The horizontal trading pattern on the weekly frame indicates a price accumulation phase that may precede a strong movement in either direction.

How to Apply Swing Trading on ETH:

Identify support and resistance areas (current area: resistance at $2,560, support at $2,420).

Monitor the RSI (61.15) and MACD (92.20) indicators, as they currently show moderate positive signals.

Use a stop-loss below support to manage risk, and enter once a breakout is confirmed.

Current Opportunity:

If resistance at 2,560$ is broken with strong trading volume, the next target could reach $2,780; however, if it fails, we may see a drop towards 2,380$ for a retest.

Do you think the current time is suitable to apply Swing Trading on ETH? Or do you prefer to wait for a confirming move?