! No financial advice !
It seems that the Dump to 2600-2500 won't be happening like right now.. so I would expecting a little pullback to enter a long.
#ETH/USD
Entry :3362- 3333 - 3283
- Fib confluences + order block + possible bottom of ascending triangle => Check volume to confirm
Targets : 3488 (40%) - 3678 (40%) - 3827 (20%)
- Targets based on local resistence / negative and fib extensions.
Stoploss : 3233 (only on 4Hcandle close ! it can wick down all the way to Monthly Vwap and bounce from there. I personally would be longing there again.
- Leverage: 3x
- Risk: 1% of your account.
- Potential Risk Reward Ratio: 4.45
- Move SL to Breakeven after hitting TP1
- Estimated time: Week 18/19-2021
Disclaimer: I am already long on ETH from way back then....