Hi dear patrons, hope you are well and welcome to the new update on Ethereum (ETH). On the daily time frame chart, the price action of ETH has formed a bullish Cypher, There is also 100 simple moving average support in the buying zone.
Buy and sell targets: Buy between: 0.060527 to 0.058187 btc
Sell between: 0.062370 to 0.066794 btc
Stop loss: Maximum extent of the buying zone 0.058187 btc can be used as a stop loss.
Possible profit and loss ratio: As per the above targets, this trade has a big profit possibility of 14.5%, and the loss possibility is 4%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
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