GreenCryptoTrades

ETHFI - Confirmed Breakout for a LONG trade

Long
BYBIT:ETHFIUSDT.P   ETHFIUSDT Perpetual Contract
$BINANCE:ETFIUSDT (4H CHART) Technical Analysis Update

ETHFI is currently trading at $4.1 and showing overall bullish sentiment. Price has broken out from the resistance zone and showing a good bullish momentum. Our first target is around the resistance zone (4.3-4.4) and we can expect the price to reach around 4.8
This is a short term trade and if the price breaks below the support of 3.7 then bearish trend will continue and we will have a short trade opportunity.

Entry level: $ 4.09
Stop Loss Level: $

TakeProfit 1: $ 4.224
TakeProfit 2: $ 4.352
TakeProfit 3: $ 4.481
TakeProfit 4: $ 4.684
TakeProfit 5: $ 4.862

Max Leverage: 3x
Position Size: 1% of capital

Don't forget to keep stop loss.

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