ETH - One More!
2025-01-10
Category: None

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

📈ETH has been overall bearish trading within the falling wedge marked in blue.

Currently, it is approaching the lower bound of the wedge.

Moreover, $3000 is a strong support and round number.

🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower trendlines acting as non-horizontal support.

 📚 As per my trading style: 
As #ETH approaches the blue circle, 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