ETHUSD on Support, in the middle of its Channel Up.

ETHUSD is on the 1D MA50 with the 1D technicals naturally turning neutral (RSI = 46.496, MACD = 0.530, ADX = 27.266), which gives the first buy signal. As long as S1 holds, we are long, targeting R1 (TP = 2,140). If S1 breaks, we will hedge the buy with a short term sell, targeting the bottom of the Channel Up (TP = 1,665).

Prior idea:


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