$ETH is about to break through! This round of the Ethereum bull market will see at least 5000+!
This morning, there were three or four attempts to break through 4400 that failed. The latest resistance level of 4400 may turn into a new support level.
Although there was a significant drop in volume last night, there was a sudden spike in volume at 3 AM, which took out some shorts.
The MACD histogram is shortening, but the fast line is still firmly held, while the slow line is in a healthy correction.
Enter a long position at 4450, ideally setting the first position at 20% of the capital, with a stop loss at 4380. You can wait for it to fall back to 4410 to add to your position. The first take profit level is 4490, and the second take profit level is 4530.
The essence of trading is a game of probabilities. Our mindset should not be to get rich overnight, but to earn when we're right and to lose less when we're wrong.