Position: LONG
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This 1-hour Ethereum (ETH/USD) chart shows a symmetrical triangle pattern. Price has recently broken above the triangle’s resistance, suggesting a potential bullish breakout. We are waiting for a perfect breakout and ETH can reach 3500$. Hope you notice my red trendline indicates long-term support. Which is my Stop-Loss area. Right now I'm bullish on ETH.
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Trade setup:
Entry Price : 3008.9
Target Price:
1. 3165.8
2. 3268.9
3. 3387.1
4.3500.7
Leverage: 3x