We entered a buy order on Ethereum after observing oversold conditions on the Relative Strength Index (RSI), coinciding with oversold conditions on Bitcoin. A buy signal was formed between bars, and based on the volatility calculation using ATR, the take-profit and stop-loss levels were determined. Good luck to everyone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.