Hello Dear Traders!
This is my 1st published idea. I hope you find it reasonable. As we crossed both the 1st resistance yesterday and the descending trendline and the ETHUSD pair was extremely oversold in the past weeks, I think we are facing a relief rally now to 2700. I am setting up long positions with a stop loss at 1900 and target price of 2200, 2400 and 2700. I hope we can have an uptrend finally after this neverending bear trend. Be cautious and always set STOP-LOSS and TAKE PROFIT! Not financial advice.
Best regards!
This is my 1st published idea. I hope you find it reasonable. As we crossed both the 1st resistance yesterday and the descending trendline and the ETHUSD pair was extremely oversold in the past weeks, I think we are facing a relief rally now to 2700. I am setting up long positions with a stop loss at 1900 and target price of 2200, 2400 and 2700. I hope we can have an uptrend finally after this neverending bear trend. Be cautious and always set STOP-LOSS and TAKE PROFIT! Not financial advice.
Best regards!