Ethereum
Alış

You can long after break and close above 237

Güncellendi
Good evening traders,

Hope everyone long on my previous eth call made some money. Before i start, request you to support my ideas with your like. It motivates me to generate more content on this platform.

Now on to the trade analysis:

- ETH has conclusively broken the descending channel/ascending triangle
- Hits supply liquidity at around 237 and immediately bounces, twice
- On confirmation of 12H close above 236-237, we can open a long position since there is an uptick in volumes and OI
- Conservative risk takers can wait for price to clear the Kumo
- Convergence line has crossed the base line, and acting as local support
- Targets 247/255/263
- SL 224
- Be careful of the funding rates on ETH on Bitmex

Let see how this turns out.

Safe trading and good luck!
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