Trade_Simple_FX

ETHGBP D1 - Long Setup (DCA)

Long
COINBASE:ETHGBP   Ethereum / British Pound
ETHGBP D1

Very much the same investing stance on ETH as we have on BTC. We are looking for these daily support trading zones where we can look to average our entries to increase our position size.

The first support region (DCA entry point) would be £2350 ish, or as low as possible around the support region, you'll note we dipped to £2300.

A break beyond this trading zone would take us to around £2000, which again, would be a region where we look to further DCA.

Typically DCA on funds closed from previous highs and overperforming instruments. Close high, add low.

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