ETH - Long Story Long 📘

17 giu 2023

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

As per my last ETH analysis (attached on the chart), we were looking for short-term buy setups around the Trio Retest circle in purple.

ETH rejected our zone and trading higher. Now What?

🏹 For the bulls to remain in control, and take over from a medium-term perspective, we need a third swing high to form around the upper red trendline and then a break above it (as highlighted on the chart)

📈 The bulls are clearly pushing and will remain in control UNLESS ETH breaks below the green support 1650

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich