Trade Signal #22 — $ETH
LONG
Candle Analysis: The latest 1H candle is an Indecision candle (Doji/Spinning Top) at 1,689.36, with the wicks indicating indecision between 1,693.50 and 1,687.34. This follows a previous strong bearish candle, and the 4H context shows a bearish candle with a change of -0.38%. This suggests that the current indecision in the 1H candle may be a temporary consolidation before a potential move.
Entry: 1687.50
Target 1: 1720.00
Target 2: 1750.00
Stop Loss: 1660.00
I am calling a LONG trade on $ETH due to the indecision in the 1H candle and the bearish context of the 4H candle. DYOR, this is not financial advice.
#TradeSignal #BinanceSquare #DYOR
LONG
Candle Analysis: The latest 1H candle is an Indecision candle (Doji/Spinning Top) at 1,689.36, with the wicks indicating indecision between 1,693.50 and 1,687.34. This follows a previous strong bearish candle, and the 4H context shows a bearish candle with a change of -0.38%. This suggests that the current indecision in the 1H candle may be a temporary consolidation before a potential move.
Entry: 1687.50
Target 1: 1720.00
Target 2: 1750.00
Stop Loss: 1660.00
I am calling a LONG trade on $ETH due to the indecision in the 1H candle and the bearish context of the 4H candle. DYOR, this is not financial advice.
#TradeSignal #BinanceSquare #DYOR