#TradingTypes101
Let’s try to analyze the 1-hour ETH/USDT chart for a scalp signal technically with the indicators: VOL, RSI, EMAs.
Price is above EMA07 (2,765.14), EMA25 (2,752.94), EMA50 (2,735.78), but slightly below EMA99 (2,769.34).
Volume is steady but not spiking, suggesting no major selling pressure yet.
Trend is bullish-Long (buy)#ETH $ETH
Entry: 2,771.23 (current price)
Take Profit: 2,793.2
Stop Loss: 2,752.94 (below EMA 25 at 2,752.94, risking 18.29 pips)
Risk/Reward: ~1:1.2 (18.29 pips risk for 22 pips reward)