Been long
ETH
since my swing entry @ around 716 last night, with a swing exit today around 746. A pullback to the 50% or 61.8% retracement on the hourly (a common pullback entry during market runs) would suggest the formation of a promising bull setup. So long as it doesn't break above 749, I would anticipate this would happen.
These H&S formations on the shorter time frames over the past few days have proven to be very successful entry and exit points following the healthy dip from our previous break to bull trend.
Target entry close to 728-730ish, price target to be determined upon fill.
ETH
since my swing entry @ around 716 last night, with a swing exit today around 746. A pullback to the 50% or 61.8% retracement on the hourly (a common pullback entry during market runs) would suggest the formation of a promising bull setup. So long as it doesn't break above 749, I would anticipate this would happen. These H&S formations on the shorter time frames over the past few days have proven to be very successful entry and exit points following the healthy dip from our previous break to bull trend.
Target entry close to 728-730ish, price target to be determined upon fill.
Trade active:
revised slightly - same general expectation
revised slightly - same general expectation