ETH - 1500.0 Ahead ❗️

11 ต.ค. 2023

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

ETH has been overall bearish trading inside the red falling broadening wedge pattern. However, it is currently approaching the lower bound / red trendline.

Moreover, the 1500.0 is a strong support, demand and round number.

🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the 1500.0 and lower red trendline.

As per my trading style:
As ETH approaches the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich