$ETH After yesterday’s news-induced pullback, I’m opening m | NotPaperTrading on Binance Square

Trending Articles

Bookmarked and Liked

NotPaperTrading

--

Bullish

$ETH  After yesterday’s news-induced pullback, I’m opening my long position here with 20% of my deposit.

As before, a 3D candle closing below $1,700 will invalidate my scenario.

I plan to take 50% profit at $3,400, where the downward impulse started, and fully exit at $4,000 at the resistance level.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

ETH

1,801.89

-0.22%

8.4k

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

NotPaperTrading

@NotPaperTrading

Explore More From Creator

$ARB This setup fully aligns with my definition of buying at a lower price. A 1D candle closing above $0.43 will be my trigger to open a position with 30% of my deposit. The scenario becomes invalid if the price moves below the previous lows—specifically, if a daily candle closes below the $0.35 zone. I plan to take 50% profit at $0.66 (where the last impulse began), and close the position entirely at the key S/R level of $0.82. After that, I’ll be watching for a reaction at that level before opening a new position.

--

$BTC Taking into account the latest news, in the event of continued price pumping, I’m opening a position here with a size of 50% of my deposit. I plan to add more if we see a drop toward the support level and a positive reaction. I will close my position if a 3D candle closes below the 88,000 USD support level. I plan to take partial profit (50%) at the previous ATH of 110,000 USD and fully close my position in anticipation of a new ATH at 120,000 USD.

--

$BTC plan B. In case we don’t see a drop to the previously identified levels, here’s my next plan: Based on the idea that this was a correction/market error/liquidation of weak hands and that we will continue to rise from here in a V-shaped recovery, if we hold these price levels without a significant dip, I’ll open a long position of 50% of my deposit once the price closes a 3D candle above $85,000. I’ll consider myself mistaken if we continue to decline and a 1D candle closes below $81,000. My profit-taking targets remain the same: at $102,000 (taking 50% profit) and $120,000 in anticipation of a new ATH. I’ll also move the position to breakeven when the price reaches $96,000.

--

$ETH Observing this cluster of downward-facing candles, unfortunately, I don’t anticipate any scenario other than another downward impulse. Therefore, I’m not expecting a reversal from this point and am placing a buy limit order at $2,000 with a position size of 30% of my deposit. If we fail to hold the support zone, it will indicate that I was mistaken, so a 3D candle closing below $1,700 would invalidate my scenario. I plan to take profit at the $3,400 level, which is where the downward impulse began.

--

$BTC We’re seeing the Bart pattern forming, and it may already be complete. In search of a bottom, I’m placing my limit orders at the $80,000 level (to retest the wick), with a position size of 30% of my deposit. For DCA, I’m also adding another buy limit order with a position size of 40% of my deposit at $76,000 in the consolidation zone before the impulse—this is a potential price reversal zone for me. If the uptrend continues, we shouldn’t lose support; therefore, for me, the invalidation of this scenario would be a 3D candle closing below $69,000. My target is the resistance level at $102,000 to take 50% profit, and the overall goal is a new ATH at $120,000. Let’s see!

--

Latest News

Clanker Team Ends Association with Proxystudio Over Misconduct Concerns

--

Curve Regains Control of Official X Account After Hack

--

BNB Chain Launches Model Context Protocol for AI Integration

--

Florida Halts Legislation on Cryptocurrency Reserves

--

Ethereum Spot ETFs Show No Net Movement on May 5

--

Trending Articles

[CLICK HERE AND CLAIM FREE PEPE COIN 🪙 DAILY UPTO 25,000 CO

**If Your Crypto Portfolio Is Under $1000, Read This Before

🔔 May 5th To May 9th about to be Intense

Chinese Exporters Bypass Trump’s Tariffs: Fake Origins, Relabeling and Scrutiny from the White House

"ADVICE FROM AN INVESTOR FRIEND..." I LOST BIG — THEN EVERYT

Cookie Preferences

Cookie Preferences