Ethereum ($ETH ) Storm Trading Plan

This trading plan is based on current price action, technical indicators, and key support/resistance levels. Given Ethereum’s volatility and recent movements, we will apply a storm trading strategy, which involves a short-term, high-risk, high-reward approach.

1️⃣ Trade Setup

Trading Pair: ETH/USDT

Current Price: $1,925.27

Market Trend: Short-term bullish recovery after a dip to $1,840.

2️⃣ Entry Strategy

📌 Entry Price: $1,910 - $1,920

Enter on a small pullback near the 7-day moving average (MA7) at $1,919.

If ETH breaks below $1,910, wait for a retest of $1,900 before entering.

3️⃣ Stop Loss (SL) – Risk Management

📉 Stop Loss: $1,875 (-2.3% risk)

Below key support zone ($1,880 - $1,890).

A break below this level invalidates the bullish momentum.

4️⃣ Take Profit (TP) – Target Levels

🎯 Take Profit 1 (TP1): $1,950 (+1.3%) → First resistance level.

🎯 Take Profit 2 (TP2): $1,980 - $1,990 (+3%) → Key resistance & intraday high.

🎯 Take Profit 3 (TP3): $2,020 - $2,050 (+5%) → Psychological resistance.

5️⃣ Trade Management & Adjustments

✅ Break-Even Strategy: Move Stop Loss to Entry ($1,920) once ETH reaches $1,945.

✅ Trailing Stop: If ETH breaks $1,980, trail SL to $1,950 to lock in profits.

6️⃣ Risk-to-Reward Ratio (RRR)

SL: $1,875 (Risk = ~2.3%)

TP1: $1,950 (Reward = ~1.3%) → RRR: 1:0.6

TP2: $1,980 (Reward = ~3%) → RRR: 1:1.3

TP3: $2,020+ (Reward = 5%) → RRR: 1:2+