$ETH / $USDT (1H) $ETH is looking like a steal at these prices!
Honestly, we've been bleeding out for a few days, but we're finally hitting that heavy support zone near $2,220. The bears are trying hard to push it lower, but they're running out of steam. I'm expecting a quick "stop-hunt" below today's lows followed by a fast bounce back toward $2,300.
I'm starting to build a long position here around $2,260 but I've got heavier limit orders waiting at $2,235 just in case we get one last wick down.
Trade Positions : LONG
Entry: $2235 - $2260
TP1 : $2310
TP2 : $2365
TP3 : $2410
SL : $2195
Note : Patience is key on this one. Let's see that bounce!
#Ethereum #ETH🔥🔥🔥🔥🔥🔥
Honestly, we've been bleeding out for a few days, but we're finally hitting that heavy support zone near $2,220. The bears are trying hard to push it lower, but they're running out of steam. I'm expecting a quick "stop-hunt" below today's lows followed by a fast bounce back toward $2,300.
I'm starting to build a long position here around $2,260 but I've got heavier limit orders waiting at $2,235 just in case we get one last wick down.
Trade Positions : LONG
Entry: $2235 - $2260
TP1 : $2310
TP2 : $2365
TP3 : $2410
SL : $2195
Note : Patience is key on this one. Let's see that bounce!
#Ethereum #ETH🔥🔥🔥🔥🔥🔥