Well, of the major cryptocurrencies, it seems Ethereum is showing the most promise at the moment. However, many times our hearts have been broken by our favorite cryptos, so with that in mind, let us not get too attached to the promise of profits in this setup.
In other words, this market will have to prove itself like any other, and not pull us into a hopeful bliss of fast moves to our profit targets.
Go long, only if the price trades to 160.75, then place a stop loss at 141.90. Be sure to use the ETHUSD and not ETH crossed with Tether (ETHUSDT).
Place a profit target at 198.50.
In other words, this market will have to prove itself like any other, and not pull us into a hopeful bliss of fast moves to our profit targets.
Go long, only if the price trades to 160.75, then place a stop loss at 141.90. Be sure to use the ETHUSD and not ETH crossed with Tether (ETHUSDT).
Place a profit target at 198.50.