$ETH **đš $ETH
Alert: Flag & Pole Pattern Signals Potential Long Opportunity**
**"Ethereum flashing a classic reversal pattern! Here's how to trade this $ETH setup with clear risk management đ #Ethereum #TradingSetup"**
### **đ The Technical Setup**
đ» **Pattern:** Flag & Pole (Bearish Continuation)
đŻ **Targets:**
- TP1: $2,690 (Quick scalp)
- TP2: $2,750 (Full pattern completion)
đ **Stop Loss:** $2,650 ( Below recent swing low )
### **đĄ Why This Works**
â **Volume Confirmation:** Declining volume in flag
â **Market Context:** ETH/BTC ratio weakening
â **Key Levels:** $2,750 acted as strong resistance
### **⥠Execution Plan**
1ïžâŁ **Entry:** Current price (~$2,650) or pullback to flag
2ïžâŁ **Position Size:** Risk â€1-2% of capital
3ïžâŁ **Manage Trade:** Trail stop after TP1 hits
### **đ€ FAQ: Your ETH Questions**
**Q: Is this still valid if BTC pumps?**
A: Watch ETH/BTC ratio - BTC strength could override
**Q: Best timeframe for this trade?**
A: 4H chart for swing, 15M for scalping
**Q: What invalidates the setup?**
A: Break & close below $2,550
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**đ Pro Tip:** Combine with:
- RSI divergence
- Spot volume spikes
- BTC dominance trend
**#EthereumTrading #TechnicalAnalysis #Crypto**
*(Not financial advice. Charts change fast!)*
**P.S.** Tagging chart masters:
@CryptoMichNL @el_crypto_prof
**⥠Remember: Patience beats FOMO every time!**
**đŻ Update Your Charts:**
This pattern typically completes within 24-48 hours!