Long
ETH - EUR looking for a breakout
Hey there,
my first post on this plattform. I identified several signs that let me believe that NEO-ETH is in an healthy bullish trend, looking to break a key resistance level.
It´s possible that the trend forms a double top and goes down from here, but the overall signs and the long lower wicks on the daily inside bars make it more likely to see a break
of the resistance.
let me know what you think - i have doubts on the placement of the stop loss and if i should enter the trade upon break of the level or when the price returns and wants to test the resistance.
my first post on this plattform. I identified several signs that let me believe that NEO-ETH is in an healthy bullish trend, looking to break a key resistance level.
It´s possible that the trend forms a double top and goes down from here, but the overall signs and the long lower wicks on the daily inside bars make it more likely to see a break
of the resistance.
let me know what you think - i have doubts on the placement of the stop loss and if i should enter the trade upon break of the level or when the price returns and wants to test the resistance.
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