ETH has been selling off over the last couple of days. As of today, ETH has reached daily oversold levels on the daily RSI, the first time since the FTX collapse.
The daily RSI being oversold on the bigger assets like ETH and BTC typically offers good risk-reward entries for bounce plays.
To further strengthen the bullish narrative, ETH is currently trading at a very strong diagonal support. I've been looking at this support for a couple of weeks now.
My target is the 2023 top for the highest R/R. One could also use 2000 or 1900 as TP levels. Stop under the daily low.
Keep in mind that this trade is relatively risky since the crypto market is weak at the moment.
The daily RSI being oversold on the bigger assets like ETH and BTC typically offers good risk-reward entries for bounce plays.
To further strengthen the bullish narrative, ETH is currently trading at a very strong diagonal support. I've been looking at this support for a couple of weeks now.
My target is the 2023 top for the highest R/R. One could also use 2000 or 1900 as TP levels. Stop under the daily low.
Keep in mind that this trade is relatively risky since the crypto market is weak at the moment.
ノート
Reversal in play🎯
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。