ETH's higher lows are forming a new trend line (blue).
With previous trend line (black) as resistance.
I think next touch on the new trend line presents a good trade for me, because of clear stop loss: breaking previous low.
Entry: 225 - 227
Stop: breaking 220
Target: 250 - 260
With previous trend line (black) as resistance.
I think next touch on the new trend line presents a good trade for me, because of clear stop loss: breaking previous low.
Entry: 225 - 227
Stop: breaking 220
Target: 250 - 260
Trade closed: stop reached:
Higher low failed, stop trade.