Trade Signal #18 — $ETH

LONG ↑ 1,698.14

Candle Analysis: The latest 1H candle on ETHUSDT is a strong bearish marubozu with a minor high wick, suggesting some buyers are still present in the market. However, the 4H indecision candle indicates a lack of clear direction. This mixed signal could be a buying opportunity given the recent bearish 1H candle's weak close.

Entry: Buy at 1,697.50

Target 1: 1,710.00

Target 2: 1,720.00

Stop Loss: 1,695.00

We're taking a long position in $ETH as the bearish 1H candle's close near the lows may indicate a potential reversal. Please be aware that this trade signal is not financial advice and you should do your own research before making any investment decisions.

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